Jack Bjorklund
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By Jack Bjorklund / April 15, 2024
NAHB: Builder Sentiment Remained Unchanged in April
Builder sentiment was flat in April, as mortgage rates stayed close to 7% over the previous month and...
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By Jack Bjorklund / April 11, 2024
Building Material Costs Up in March, But Lumber Prices Soften
Inputs to residential construction, including building materials, increased for the fifth straight month according to the latest Producer...
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By Jack Bjorklund / April 10, 2024
Inflation Remains High as Housing Cost Growth Continues
Consumer prices continued to rise in March, with shelter and gasoline prices driving over half of the total...
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By Jack Bjorklund / March 26, 2024
Stalled Confidence: Consumers Hold Steady Despite Concerns About Future
Consumer confidence remained stable in March, with optimism about current conditions offset by concerns about the future economic...
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By Jack Bjorklund / March 25, 2024
New Home Sales Remain Stable in February Despite Rising Mortgage Rates
New home sales activity held firm in February, defying a slight increase in mortgage rates. While sales dipped...
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By Jack Bjorklund / March 18, 2024
NAHB: Builder Sentiment Surges Above Breakeven Point
A scarcity of current inventory, which continues to drive consumers to new house construction, combined with solid demand...
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By Jack Bjorklund / March 15, 2024
Strong Rebound in Single-Family Permits, Multifamily Permits Decline
The number of single-family home permits issued nationwide in January 2024 surged 43.1% year-over-year to 75,906. As of...
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By Jack Bjorklund / February 24, 2024
NAR: Existing Home Sales Jump to Start 2024
Following a recent low in December, existing home sales rebounded to a 5-month high to begin the year,...
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By Jack Bjorklund / February 23, 2024
NAHB: Missing Middle Housing Construction Remains Stagnant
The missing middle construction sector, which includes development of medium-density housing like townhouses, duplexes, and other small multifamily...
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By Jack Bjorklund / February 22, 2024
Multifamily Built-for-Rent Share Dips Slightly in Q4 2023
An analysis of quarterly Census data by the National Association of Home Builders (NAHB) revealed a slight decline...