April is new homes month, and The National Association of Home Builders found that consumer preference for new homes extends beyond four walls. Owners of new homes tend to like their neighborhoods more than people who live in homes older than four years.
More details from NAHB Eye on Housing.
- NAHB Builder Confidence increases in May, Highest since May 2007 (woodonfire.wordpress.com)
- Homebuilder confidence picks up in May (bizjournals.com)