Jack Bjorklund
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Freddie Mac: Higher Mortgage Rates Slow October Housing Production
According to Freddie Mac, housing starts decreased last month as the average monthly mortgage rate rose by a...
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Townhouse Construction Gains Momentum
Year-over-year improvements in townhouse construction continued in the third quarter of 2024, as demand for medium-density housing remained...
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Housing Costs Continue to Fuel Inflation
Inflation increased again in October, indicating that the last push to the 2% objective will be the most...
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Second-Quarter Sawmill Production Rises
The production index for sawmills and wood preservation businesses increased by 0.2% in the second quarter of 2024....
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3Q Multifamily Developer Sentiment Was Mixed
Confidence in the market for new multifamily homes was mixed year on year in the third quarter of...
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ABC: Nearly Half of State Construction Unemployment Rates Dip Since Last Year
The national not seasonally adjusted construction unemployment rate in September 2024 was 3.7%, down 0.1% from the previous...
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Single-Family Starts Rise in September
In September, single-family starts experienced a modest increase as a result of the Federal Reserve’s easing of monetary...
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Residential Construction Loan Declines
The volume of total outstanding acquisition, development, and construction (AD&C) loans experienced the most significant year-over-year percentage decline...
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Zillow: Builders turn to condos and townhomes amid affordability crisis
America’s housing stock is growing faster than it was prior to the pandemic-induced housing craze, as builders scramble...
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Higher single-family permits in August 2024
The total number of single-family permits issued year-to-date (YTD) nationwide reached 685,923 during the first eight months of...
