Mortgage applications for new home purchases in November 2025 increased 3.1% from a year ago but compared to the previous month, decreased by 7%. That’s according to the Mortgage Bankers Association’s (MBA) Builder Application Survey (BAS) data.

The association disclosed that the change does not include any adjustment for typical seasonal patterns.

“While the arrival date of official data from the Census Bureau on the pace of new home sales remains ‘TBD,’ according to the Census website, MBA’s Builder Application Survey data show that new home purchase activity was up 3% on an annual basis in November, and down 7% from details ⇒

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