Mortgage applications for newly built homes decreased 6% year over year in January 2025, according to a report released Thursday by the Mortgage Bankers Association (MBA). But application volume increased by 19% from December 2024.

MBA’s Builder Application Survey (BAS) explores mortgage application data on a monthly basis across mortgage subsidiaries of homebuilders. MBA pulls new-home sales estimates directly from the U.S. Census Bureau. This month’s data doesn’t include any seasonal adjustments, the trade group noted.

January’s data changed course from December’s new-home purchase application rate, which was up 8.9% year over year. December’s volume followed on the details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com