New Business Model for Homebuilders
NEW YORK (TheStreet) -- The U.S. Census data for new-home sales through July was released Wednesday and several new trends appear to be taking hold in the new-home market.
1. In recent months, median prices are flattening and average prices are rising.2. Since January, there has been a strong rebound in new home sales.
3. Higher-priced homes are gaining market share.
4. The business model for homebuilders appears to be changing. All these conclusions are derived from the data update just released.
Price Trends
The market share trends since the beginning of 2007 are shown in the following graph:
|
|||||||||
|
|||||||||
- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
-
Google Adds 'Buzz' to Gmail
The Wall Street Journal.
-
Japan Airlines Decides to Stick With American Airlines
New York Times
-
U.S. Stocks Rally on Growing Prospects for Bailout of Greece
BusinessWeek Online
-
Ore Increases Boost Steel Prices
The Wall Street Journal.
-
Why fret about Greece?
The Economist
-
Euro bounces back against dollar
BBC
-
UBS Returns to Profit but Clouds Linger
New York Times
-
Stiglitz Sees No Greek Default as ‘Speculative Attacks’ Persist
BusinessWeek Online
-
Tuesday Reads
The Big Picture
-
BLS: Few Job Openings in December
Calculated Risk
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,058.64 | 1,070.52 | 2,150.87 | 36.33 |
Oil *
72.02
|
|
UP
150.25
|
UP
13.78
|
UP
24.82
|
UP
0.41
|
10 Yr
3.63%
SPDR Gold
105.45
|
|
+1.52%
|
+1.30%
|
+1.17%
|
+1.14%
|
Data delayed 20 minutes |
More From TheStreet
Latest HeadlinesBrokerage Partners
Sponsored Links
















