Sales of newly built homes fell nearly five percent in February, according to the U.S. Department of Commerce. Inventories did rise, but only slightly, as the nation’s home builders struggle with labor and land shortages, as well as higher costs for materials, CNBC reported.

Most Popular Articles

NAR bans “pocket listings”

The National Association of Realtors board of directors voted 729-70 on Monday to ban the controversial practice of “pocket listings.”

Nov 12, 2019 By

Latest Articles

Qualia raises $55 million to continue growing real estate closing platform

Qualia, a real estate closing technology company, is now positioned to seriously grow its platform thanks to a sizable injection of new funding. Qualia announced Wednesday that it raised $55 million in its Series C funding round, more than doubling its previous funding total of $40 million.

Nov 13, 2019 By