Hanley Wood chief economist Jonathan Smoke discusses the forthcoming new residential sales data for April from the Commerce Department. Strong variation between markets and submarkets makes the numbers difficult to predict, although Smoke says 2014 will be the best year for new home sales since 2008.
Analysis of the April existing-home sales data released today by the National Association of Realtors.
Big Builder taps Metrostudy's Regional Directors to identify which areas in their U.S. market coverage are experiencing the highest levels of demand for new homes and new home building lots. Scored on a scale of 1-10 (10 being the hot score), each market, score, and insight from that region's regional director can be seen by clicking on our interactive map, after the jump.
Jonathan Smoke and Brad Hunter discuss today's data release for new residential construction from the U.S. Department of Commerce.