Builder Data & Analysis
-
NAHB: Single-Family Market Share Continues to Shift Away from Densely Populated Areas
While nationwide single-family housing starts have slowed in the last year, the most significant reduction in percentage terms is occurring in the most crowded counties, where housing costs are...
-
ABC: 2023 Construction Workforce Shortage Tops Half a Million
According to a proprietary model produced by Associated Builders and Contractors, the construction sector will need to attract an additional 546,000 workers on top of the typical hiring pace...
-
NAR: Q4 of 2022, nearly 9 out of 10 metro areas saw increases in home prices
Single-family existing-home sales prices climbed in almost 90% of measured metro areas – 166 of 186 – in the fourth quarter. The national median single-family existing-home price increased 4.0%...
-
NAHB: Housing Affordability Hits Record Low
According to the NAHB, only 38.1% of new and existing houses sold in the fourth quarter were affordable to families earning the national median income. Housing affordability posted three...
-
NAR: Existing-home Sales Fell 1.5% in December
According to the National Association of Realtors, existing-home sales fell for the eleventh month in a row in December. Three of the four major U.S. regions experienced month-over-month declines,...
-
Freddie Mac: Mortgage rates fall slightly as consumer confidence reaches 8-month high
The results of Freddie Mac‘s Primary Mortgage Market Survey (PMMS) were revealed today, and the 30-year fixed-rate mortgage (FRM) averaged 6.27%. The Freddie Mac fixed rate on a 30-year...
-
NAR: November’s Existing-Home Sales fell 7.7%
According to the National Association of REALTORS, existing-home sales fell for the ninth consecutive month in November. All four major U.S. regions experienced month-over-month and year-over-year reductions. Total existing-home...
-
Zillow: Home Prices Level Off as Mortgage Rates Cool the Market
Home values remained nearly flat in October as new inventory dwindled and sales from the pandemic frenzy continued to fall. According to the most recent Zillow market report, both...
-
Builder Confidence Falls for the Ninth Month in a Row
Builder confidence fell for the ninth consecutive month in September, indicating that the housing market’s slowdown is continuing, as the combination of high-interest rates, persistent building material supply chain...
-
Builder Confidence Dropped for the Eighth Consecutive Month
Builder confidence fell for the eighth consecutive month in August, as rising interest rates, ongoing supply chain issues, and high home prices exacerbate housing affordability issues. According to the...
