Jack Bjorklund
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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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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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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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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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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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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...
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Builder Sentiment Increases for the Third Month in a Row
Positive Signs for New Home Market: Builder confidence in the market for newly built single-family homes climbed four...
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NAHB: Permits for Single-Family and Multifamily Down In 2023
Over 2023, the total number of single-family permits issued year-to-date (YTD) nationwide reached 909,227. On a year-over-year (YoY)...
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2023 Marks Lowest Existing Home Sales Since 1995
Existing home sales ended 2023 at a 28-year low, according to the National Association of Realtors (NAR). Declining...
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Single-Family Starts Dip, Multifamily Starts Rise in December
Despite a slight dip in overall housing starts, the single-family sector continued to show strength in December, exceeding...
