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New Home Co. has completed a previously announced acquisition of Landsea Homes, the companies announced Wednesday. The deal creates a top-25 national homebuilder based on the number of new homes sold in 2024. Matthew Zaist, who currently serves as president and CEO of New Home, will led the combined company. New Home was the nation’s…

By Michael Sasso | Bloomberg US new homes sales fell in May by the most in almost three years as incentives fell short of alleviating affordability constraints. Sales of new single-family homes decreased 13.7% to a 623,000 annualized rate last month, a seven-month low, according to government data released Wednesday. That was below all estimates…

New homes are getting smaller as homebuilders look for ways to keep prices in check. But kitchens are getting bigger. Those are the key trends in the new housing market, two experts said at the National Association of Real Estate Editors conference this month in New Orleans.  “The biggest trend happening now in housing is…

Demand for new homes dropped to its lowest level in nearly three years last month, according to the latest data, as builders across the country brace for a significant slowdown in construction in the coming months. “No one is buying new homes that are under construction or permitted,” Nick Gerli, a real-estate analyst and CEO…

Stock Market Live Updates: Gift Nifty has indicated a strong start of the Indian stock market on Tuesday, July 1. The benchmark index ended Monday’s trading session on a muted note as Nifty 50 closed …

CHICAGO — Home buyers who have long been priced out of the new-home market may want to take a fresh look. The gap between the price of a brand-new home and an existing one has narrowed significantly – an “unprecedented change,” says Ali Wolf, chief economist for NewHomeSource and the new-home data firm Zonda. This…

By Michael Sasso | Bloomberg US new homes sales fell in May by the most in almost three years as incentives fell short of alleviating affordability constraints. Sales of new single-family homes decreased 13.7% to a 623,000 annualized rate last month, a seven-month low, according to government data released Wednesday. That was below all estimates…

New homes are getting smaller as homebuilders look for ways to keep prices in check. But kitchens are getting bigger. Those are the key trends in the new housing market, two experts said at the National Association of Real Estate Editors conference this month in New Orleans.  “The biggest trend happening now in housing is…

Demand for new homes dropped to its lowest level in nearly three years last month, according to the latest data, as builders across the country brace for a significant slowdown in construction in the coming months. “No one is buying new homes that are under construction or permitted,” Nick Gerli, a real-estate analyst and CEO…

Gift Nifty was trading around 25,635 level, a premium of nearly 20 points from the Nifty futures’ previous close, indicating a mildly positive start for the Indian stock market indices.