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Top 10 Markets for New Residential Construction

Housing starts numbers out today surprised many observers with its strength at the highest in eight months, but Metrostudy finds it to have been in line with actual counts released earlier this month. Metrostudy chief economist Brad Hunter breaks down the New Residential Construction release from the Census, including a look at the top ten markets leading in growth in quarterly starts.

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Reno, NV Dashboard Reports

Reno, NV - May 2014 - New Home Closings Numbers Suggest Market Rise Strengthening.

New home sales rose in Reno, NV in May. The percentage of new home closings belonging to attached homes rose, climbing 2.0% percentage points. Average prices of new and existing homes dropped 16.9%. Average prices of new homes moved up, rising 14.1%. Foreclosures as a percentage of existing home closings dropped, falling 2.8% percentage points.

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Las Vegas, NV Dashboard Reports

Las Vegas, NV - May 2014 - New Home Closings Numbers Give Hints Market Drop is Slowing

New home sales fell in Las Vegas, NV in May. The percentage of new home closings belonging to single family homes rose, climbing 9.7% percentage points. Average prices of new homes dropped 0.2%. Mortgage amounts on new homes moved up, rising 9.6%. The percentage of new home closings belonging to attached homes dropped, falling 9.7% percentage points.

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Las Vegas, NV Dashboard Reports

Las Vegas, NV - April 2014 - New Home Closings Figures Signal Market Decline Getting Steeper

New home sales fell in Las Vegas, NV in April. Mortgage amounts on new homes moved up, rising 12.7%. Foreclosures as a percentage of existing home closings dropped, falling 7.4% percentage points. The percentage of new home closings belonging to single family homes rose, climbing 4.2% percentage points.

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Reno, NV Dashboard Reports

Reno, NV - April 2014 - New Home Closings Numbers Decrease Year-Over-Year in April After Rise Year-Over-Year in March

New home sales fell year-over-year in Reno, NV in April. The percentage of new home closings belonging to single family homes rose, climbing 16.7% percentage points. The percentage of new home closings belonging to attached homes dropped, falling 16.7% percentage points. Average prices of new homes moved up, rising 27.6%.

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