Tag Archives: New-Home Sales Gain Steam

Sales of new single-family homes in January rose to its fastest pace since 2008, leading to more confirmation that the recovery in the new-home sector is charging forward. New-home sales rose 15.6 percent in January to reach a seasonally adjusted annual rate of 437,000 units, HUD and the U.S. Census Bureau reports. “The surge in demand for new homes this January is an excellent sign that the housing recovery is gaining steam and helping put more people back to work,” says Rick Judson, chairman of the National Association of Home Builders. “While […]