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Category Archives: In The News

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New-home sales fade after pandemic jump

Nov 15, 2021Tracy Cross & AssociatesIn The News

A lack of supply is the culprit, a housing analyst says. Dennis Rodkin Crain’s Chicago Business November 01, 2021 The pandemic put a bounce into sales of new homes in the Chicago area, but builders haven’t been able to keep up with demand, according to a new report.  Homebuilders sold 1,067 new houses, townhouses and […]

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High costs, low supply dampen new-home sales

Aug 19, 2021Tracy Cross & AssociatesIn The News

Prices were up about $45,000, according to a consultant’s survey, but one homebuilder says that’s all taken up by the fast-rising cost of materials. Dennis Rodkin Crain’s Chicago Business August 5, 2021 Local new-home sales in the Chicago area lost much of their early 2021 vigor in the spring, largely because prices jumped as building-material […]

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Hot housing market pushes up prices of new homes

May 4, 2021Tracy Cross & AssociatesIn The News

High demand and rising lumber costs mean buyers are paying tens of thousands of dollars more for newly constructed homes. Dennis Rodkin Crain’s Chicago Business May 04, 2021 New home sales, like virtually every other part of the housing market, were buoyant in the first quarter of the year in the Chicago area.   More […]

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New-home sales jump in suburbs

Aug 4, 2020Tracy Cross & AssociatesIn The News

Homebuilders had one of their best quarters locally in a dozen years.    Dennis Rodkin Crain’s Chicago Business August 04, 2020                                 Sales of new homes soared in the second quarter in suburban Chicago, a new report shows, due in […]

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COVID-19 hits new-home sales

May 18, 2020Tracy Cross & AssociatesIn The News

“People stopped in their tracks” in March, typically the strongest month of the year. Dennis Rodkin Crain’s Chicago Business May 05, 2020                                 Sales of newly built homes fell locally in the first quarter, according to a report, pushed down […]

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Recent Posts

  • Sales top 5,000 in 2021
  • Homebuilders ride housing boom to new high
  • New-home sales fade after pandemic jump
  • High costs, low supply dampen new-home sales
  • Hot housing market pushes up prices of new homes
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