Home Building
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.
The housing quartile not doing so well during COVID-19
July 13, 2020
The conditions for the 25% quartile struggling to make rent and mortgage payments are not making their way into the housing headlines and are being overlooked by the homebuilding industry and ...
May new construction sales likely to increase from one year ago
June 18, 2020
New construction sales increased in seven of the 11 markets reporting closed sales activity for May.
A review of March 2020 home builder sentiment and mortgage application data
April 17, 2020
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 ...
Single Family Building Permits Up Significantly in January 2020
March 2, 2020
After a strong year in 2019, single family building permits post another year-over-year gain in January 2020.
Top 5 Markets for New Construction in January 2020
February 27, 2020
New construction represented 15.9% of all residential sales statewide during January 2020.
