The Skinny Blog

New Construction

Square Footage Trends by Segment

Comparing square footage trends in the new construction and previously owned segments New construction prices not only recovered far faster than previously owned prices, but they have also reached an all-time high (see chart). The median sales price for new construction was about $268,000 in 2009 but has since soared to new highs of just over $376,000.
[read more]

The April Housing Supply Outlook just hit the streetz, y'allz. As usual, here's a few items to keep an eye on in this highly detailed monthly report: New construction homes continue to go the way of the dodo bird. There are currently 3,149 new construction units listed for sale in the MLS system, down 25.0
[read more]

The National Association of Home Builders released their Builder Confidence Index yesterday and, not surprisingly, it doesn't look good: Builder confidence in the market for newly built single-family homes plunged in November as worsening problems in the financial markets, job market weakness and overwhelming uncertainty about the economy continued to negatively impact consumer behavior, according
[read more]

The July Housing Supply Outlook is out. Once again, in the interest of making your time with this detailed report tool as efficient as possible, here’s a few items to watch for: The new construction market has achieved an important step towards its eventual recovery. The Months Supply of Inventory for new construction properties is
[read more]

Once again, we pick up here where we left off with the fourth part of our new series: Lessons from the RREAR, where we dig deeper into the data found in our Annual Residential Real Estate Activity Report. This is the fourth post in the series, so it’s kind of like Led Zeppelin IV, only
[read more]