New homes, located mostly on the fringe of developed areas, are selling at a torrid pace this summer.
"A sharp decline in the supply of existing homes for sale, increasing consumer preference for brand-new, high-tech homes with all the amenities for working and schooling, as well as an accelerating flight to the suburbs and exurbs," combined to make the "perfect storm" for new home builders in June, according to an article by Diana Olick.
News that sales of newly built homes jumped 55% over the totals from June 2019 comes from a monthly survey by John Burns Real Estate Consulting. "It was the largest annual gain since homebuilding began again following the epic housing crash a decade ago," according to Olick. "It is also the highest pace since the height of the unprecedented housing boom in 2005."
The Northeast and Florida led the trend in June.
One-Third of Homes for Sale Are New, Report Says
New data from Redfin shows strong demand, and an increasing share of the supply, in new homes.
Post-Pandemic Home Building Trends: More Bedrooms, Smaller Homes
U.S. homes are adding bedrooms while getting smaller, according to two seemingly contradictory articles published on the same day from different data sources earlier this month.
Miami Housing More Expensive Than New York City, Report Says
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The state-sanctioned urbicide of Austin
People don’t kill cities. Freeways do.
US to reduce Colorado River water deliveries to Mexico
A new Colorado Treaty amendment reduces Mexico’s Colorado River water allocation by 250,000 acre feet.
New Jersey’s second-largest city bans standalone data centers
Jersey City will continue to allow co-location facilities, such as those meant for research institutions that store their own data.
Amtrak not solely to blame for New Jersey commuter rail's unreliability, report finds
A new study from the Garden State Initiative found that NJ Transit’s budget grew 20% across a 4 year period, but reliability declined significantly over the same period.
EPA erases limits on planet-warming pollution from power plants
Under Monday’s plan, power plants would still have some limits on how much mercury, arsenic and other contaminants they can emit.
Phoenix announces new on-demand transit service, more frequent RAPID buses
Both new services will launch in October, and are part of Phoenix's Project Effective Access Solutions for Easing Congestion.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
Eagle County Government
Harvard University Graduate School of Design
Nashville Planning Department
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello
Journal of the American Planning Association