Home Building
Alabama’s 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.
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.
