As you walked the aisles at this year’s International Builders Show, you could feel it. There was no panic. It wasn’t euphoria. It was something in between: a cautious optimism that maybe, just maybe, the worst is behind us. Traffic anecdotes sounded a little better. Some builders spoke of more stable sales activity in January. […]
I’ve discussed this this episode from the HousingWire Daily podcast and today I’m showing the key data line that explains why this is the case. By Census: Sales of new houses: Sales of new single-family homes reached a seasonally adjusted 745,000 in December 2025, according to estimates released jointly today by the U.S. Census Bureau […]
A delayed release of new home sales in December showed a slight increase in 2025 from a year earlier, but average sales prices for new homes fell due to a challenging homebuilding market weighed down by cost cuts, increased incentives and a slower-than-expected pace of sales. “New home sales ended 2025 on a mixed but […]
As I wrote last November, I’m increasingly concerned that the discussion about housing affordability and interest rates is obscuring our larger problem. A lack of job growth in the industries that buy our homes. I asked AI to update and elaborate on those thoughts. Here is the AI answer (Note: What follows is AI-generated content): […]
“Increased use of ARM loans, whose rates averaged nearly 80 basis points lower than fixed-rate loans, also contributed to the increase in revenue and a slightly higher average loan size, the third monthly increase. In October, our data showed that ARM loans accounted for 25% of applications, up from 16% a year ago.” Kan added […]