Homebuilder Incentives Soar As US New Home Sales Disappoint In July, Prices Plunge
Amid record July cancellations, and tumbling single-family building permits, new home sales were expected to rise very modestly (+0.6% MoM) last month but instead they dropped 0.6% MoM (thanks in large part to a huge upward revision for June from +0.6% MoM to +4.1% MoM). Despite the upward revision, new home sales remain down over 8% YoY…
Source: Bloomberg
The subsidy offered by new home builders clearly separates them from existing home sale volumes but neither shows any signs of life.
The share of builders who reported using sales incentives reached a post-pandemic high of 66% this month as they seek to unload an inventory of completed homes at the highest level since 2009.
Source: Bloomberg
The government’s report showed the median sales price of a new home decreased nearly 6% in July from a year earlier to $403,800, the lowest for July since 2021. Prices have fallen on an annual basis every month this year except one.
Source: Bloomberg
The inversion of new versus existing home prices continues to widen…
Source: Bloomberg
Looking ahead, things don’t seem too rosy as this morning saw revised building permits data hitting fresh post-COVID-lockdown lows…
Source: Bloomberg
Homebuilder pain is obvious in this chart as completions plunge thanks to existing home inventory holding at its highest level since 2007…
Source: Bloomberg
And for those hoping for rate-cuts to fix all this, think again…
Source: Bloomberg
Rate cuts have steepened the yield curve and pushed mortgage rates up; but as the chart above shows, the relationship between new home sales and actual mortgage rates has decoupled in recent weeks…
So be careful what you wish for.
Tyler Durden Mon, 08/25/2025 – 10:12
Source: https://freedombunker.com/2025/08/25/homebuilder-incentives-soar-as-us-new-home-sales-disappoint-in-july-prices-plunge/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,724,893,314 |
| Stories: | 8,488,756 |
Whistler Blowers, Insiders
