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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…

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…

Stocks are mixed Tuesday as investors tune into comments from Fed Chair Jerome Powell, speaking in Europe, and to see if U.S. equities will extend their bull run as the second half of 2025 gets underw

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…

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…

The first half of the year was a rocky one that ended in the green. As we reported in yesterday’s end-of-quarter summary, stocks finished up around 5% after having been in bear market territory. For the first trading day of the quarter,

The first half of the year was a rocky one that ended in the green. As we reported in yesterday’s end-of-quarter summary, stocks finished up around 5% after having been in bear market territory. For the first trading day of the quarter,

The first half of the year was a rocky one that ended in the green. As we reported in yesterday’s end-of-quarter summary, stocks finished up around 5% after having been in bear market territory. For the first trading day of the quarter,