A Look Back at 2023 US New Home Sales Activity
New U.S. home sales were down overall in 2023, but activity in some Texas metro areas remained relatively steady.
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Thom holds the position of professional, economist in the Office of the Chief Economist at CoreLogic. He is responsible for analyzing housing markets and home price trends. He has an extensive background in urban and real estate economics and applied econometrics.
Before joining CoreLogic, he held positions at the University of Virginia, Georgia Tech, and Harvard University. He earned his bachelor’s degree in economics, statistics and history at the University of Auckland, his master’s degree in economics from Tufts University and his doctorate in urban planning and development from the University of Southern California.
New U.S. home sales were down overall in 2023, but activity in some Texas metro areas remained relatively steady.
California and Texas led the U.S. for home investor activity in the third quarter of 2023. CoreLogic’s Thom Malone breaks down the numbers.
Timing the real estate market is crucial to building home equity and the resulting wealth.
U.S. home price growth is proving resilient compared with trends in other countries.
Single-family home investors continued to be quite active in Q2, led by smaller investors.
Despite pandemic migration patterns, the nation’s priciest housing markets are still now very similar to rankings recorded in the spring of 2020.