Jack Bjorklund
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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...
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Housewrap Market Booms: Demand to Soar 6.77% by 2028
The worldwide housewraps market is estimated to grow by a whopping $2.6 billion from 2023 to 2028, reaching...
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ABC: Monthly Construction Input Prices for December 2023 Drop Sharply
According to an Associated Builders and Contractors estimate of US construction input prices, they fell 0.6% in December...
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NAR: Pending home sales remained unchanged in November 2023
Key Takeaways Pending home sales in November remained the same as one month ago. Month over month, contract...
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NAHB: Exurban Areas Post Largest Construction Gains Despite Housing Slowdown
According to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI)...
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Single-Family Starts Flat in October Amidst Mixed Market Signals
Despite rising mortgage rates and supply chain constraints, the housing market showed resilience in October, with overall housing...
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Multifamily Developer Confidence Weak in Third Quarter Amid Financing Concerns
The National Association of Home Builders (NAHB) Multifamily Market Survey (MMS) revealed a decline in confidence among multifamily...
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Builders and Lenders: Credit is tightening
The third quarter of 2023 saw a continued tightening of credit availability for residential AD&C loans, according to...
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Rising mortgage rates reduce housing affordability to lowest level in index history
Rising mortgage rates, higher construction costs, and limited current availability all contributed to housing affordability reaching its lowest...
