Alabama Center for Real Estate

New construction sales increased in seven of the 11 markets reporting closed sales activity for May.

The housing-related data this week doused cold water on March’s hopes by the housing industry that record low interest rates and Realtors pivoting to virtual home tours would mitigate COVID-19 damage ...

After a strong year in 2019, single family building permits post another year-over-year gain in January 2020. 

New construction represented 15.9% of all residential sales statewide during January 2020. 

The Alabama Center for Real Estate created these rankings based on new construction as a percentage of total residential sales during August 2019.

While Alabama’s permits are up 3.7% year-to-date (YTD), permits are down 3.3% in the south region and down 5.5% nationwide, hinting that new construction markets in Alabama are going against regional ...

The Alabama Center for Real Estate created these rankings based on new construction as a percentage of total residential sales during July.

While permits for new single family housing units increased 6.5% nationally and 8.8% in the south region, they decreased in Alabama during May.