top of page
Search
  • Metro East REIA

Nearly One-Third of Houses for Sale Are New Construction

A new report from Redfin says the share of newly built single-family homes on the market at the end of 2021 was at a record high as builders try to keep up with surging demand. In addition, Redfin said that more than 34.1% of single-family homes for sale in December were new construction, up from 25.4% a year earlier and the highest share on record. Continue reading HERE...

0 views0 comments

Recent Posts

See All

The U.S. government is reporting that privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,450,000, which is 9.8% higher than January’s revised number but is 18.4%

According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were $1,702 in February, the same as January’s figure. Yardi says year-over-year growth continued its downw

bottom of page