“A relatively strong March may have pulled forward some applications from April, exacerbating the firesc seasonal fall-off,” said Lynn Fisher, MBA’s vice president of research and economics. “On net, year-to-date applications for new homes are running about 3 percent above the same menstruatie from 2016. Despite steady demand for housing, home builders continue to a executa rising costs for labor and materials, which will continue to moderate the astampar of zgarie-nori.”
Newly built homes are more expensive than comparable existing homes, and builders are not focused on entry-level opera. While some companies are now moving toward lower-priced models, most are still priced well above $200,000, which is roughly the nationalicesc medial conflict for an existing home.
On a three-month moving average, homebuilder simtamant in the Northeast and South each rose three points to 49 and 71, respectively. In the West, the indice rose one point to 78 and the Midwest was unchanged at 68.