Call Us Today: 303-697-1767

Forecast 2015: New Homes

By in Uncategorized with 0 Comments

New-home sales rebound: Single-family new-home starts barely budged in 2014 compared to 2013, and new-home sales remain far from normal levels. But that could finally turn around in 2015. Sales of new homes are expected to rise 25 percent as single-family construction picks up traction in 2015. The National Association of REALTORS® projects single-family housing starts to rise to 820,000 in 2015, which is still below the 1 million historical average. In the latest new-home report, sales dipped 1.6 percent in November, but builders are remaining optimistic heading into the new year. As the labor market and broader economy continue to strengthen, we can expect the housing sector to gain momentum heading into next year.DSCN2137

Share This

Leave a Reply

Your email address will not be published. Required fields are marked *