Alabama’s new home market continues growth in January
February 24, 2021
January new home sales in the state increased 14.7% year-over-year (Y/Y) from 652 to 748 closed transactions, marking 18 consecutive months of Y/Y gains.
Alabama’s new home sales hit record high in December
January 28, 2021
December marked 17 consecutive months of year-over-year increases in new home sales in the state.
Alabama’s November new home sales increase from one year ago
January 4, 2021
November new home sales in the state increased 19.8% year-over-year (Y/Y) from 713 to 854 closed transactions, marking 17 consecutive months of Y/Y gains.
Economy shows signs of recovery but challenges lie ahead
December 3, 2020
The housing sector rebounded somewhat quickly from lows seen earlier in the year, but the overall economy is recovering at a slower pace.
New home sales continue to trend upwards in October
November 25, 2020
New home sales in Alabama increased 33% from one year ago and are now up 22% year-to-date.
New construction update: September 2020
October 29, 2020
September new home sales in the state increased 20.1% year-over-year from 798 to 958 closed transactions.
New construction update: August 2020
September 28, 2020
New home sales represented 13.1% of all residential sales in Alabama during August, up from 11.9% one year ago.
Alabama new home sales continue to trend upwards in July 2020
September 8, 2020
New homes sold in July averaged 58 days on the market (DOM), 14 days faster than one year ago.