The Past and Present:  Over the past two years, the US housing market has moved at a frenzied pace.  The availability of new homes and

ACRE Commentary: New home sales beat expectations in May as some buyers were quick to enter the market to stay ahead of rising mortgage rates.

ACRE Commentary: New home sales slowed in April as rising prices and mortgage rates resulted in a significant number of potential buyers being unable to

Sales: According to the Alabama Realtors, new home sales in March decreased 4.8% year-over-year (Y/Y) from 1,082 to 1,030 closed transactions. Following seasonal trends, sales

Sales: According to the Alabama Realtors, new home sales in February increased 4.4% year-over-year (Y/Y) from 797 to 832 closed transactions, ending seven consecutive months

Sales: According to the Alabama Realtors, new home sales in January decreased 10.2% year-over-year (Y/Y) from 748 to 671 closed transactions, the seventh consecutive month

Sales: According to the Alabama Realtors, new home sales in December decreased 0.2% year-over-year (Y/Y) from 1,134 to 1,132 closed transactions, passing the 1,000 mark

Sales: According to the Alabama Realtors, new home sales in November decreased 9.6% year-over-year (Y/Y) from 858 to 784 closed transactions, the sixth consecutive Y/Y

Sales: According to the Alabama Realtors, new home sales in October decreased 6.4% year-over-year (Y/Y) from 916 to 857 closed transactions, the fifth consecutive Y/Y

Sales: According to the Alabama Realtors, new home sales in September decreased 2.4% year-over-year (Y/Y) from 958 to 935 closed transactions, the fourth consecutive Y/Y