September 2023 New Home Sales: New Sales Skyrocketing in September
New home sales skyrocketed in September blowing past expectations. While homebuilder confidence is slipping, homebuyers are still strong on new construction with sales up over a third from last year.
Housing starts and permits are still struggling to match levels from a year ago. But despite falling homebuilder sentiment, starts increased on a monthly basis following higher permits last month.
Home Values Start to Slip As Summer Heat Fades from Housing Market (September 2023 Market Report)
Typical home values fell slightly in September, while inventory kept climbing
