Tag Archive for ‘sales by financing’

All-Cash New Home Sales Outnumber FHA-Backed for the First Time Since 2007

NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that new home sales financed through FHA numbered 11,000 and accounted for 7.5% of the total in Q3 2022–the smallest share since the fourth quarter of 2007.  The share has dropped by nearly two-thirds since the spring of 2020. In contrast, the share… Read More ›

Share of New Home Sales Backed by FHA Loans Reaches 14-Year Low

NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that the four-quarter moving average (MA) share of new home sales financed through FHA was 11.0% in Q2 2022–its smallest share since early 2008. Conventional loans financed 74.8% of new home sales in the second quarter of 2022—a 1.8 percentage point quarter-over-quarter decline…. Read More ›

FHA-Share of New Home Sales at 15-Year Low

NAHB analysis of the most recent Census estimates concerning sources of financing for new home sales reveals that conventional loans accounted for 78.5% of new home sales in the first quarter of 2022, the highest share in more than a decade. Conventional loans financed over three-quarters of new home sales in the second quarter of 2008 before steadily falling and bottoming out at 57.3%… Read More ›

Market Share of FHA-Backed New Home Sales Smallest Since 2007

NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that conventional loans financed 77.8% of new home sales in the fourth quarter of 2021—the largest share since Q1 2008. The share increased 2.9 percentage points over Q3 2021 (revised) and has risen each of the last four quarters, up 9.0 percentage points since Q4… Read More ›

Conventional Loans: Greatest Share of New Sales Since 2008

NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that conventional loans financed 76.3% of new home sales in the second quarter of 2021—the largest share since the beginning of the Great Recession in 2008. The share of sales backed by conventional loans in Q2 2021 increased 5.1 percentage points (quarter-over-quarter) from… Read More ›

Conventional and FHA Mortgages Finance 90% of New Home Sales in Q1 2021

NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that conventional loans financed the largest share of new home sales since 2018. The share of sales backed by conventional loans in the Q1 2021 increased 2.8 percentage points (quarter-over-quarter) to 71.6% and 2.1 percentage points since Q1 2020. FHA-backed sales made up 19.3%… Read More ›