Builder Data & Analysis
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NAHB: New Home Sales Surge in May 2023
According to recent data released by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly constructed single-family houses surged by 12.2% to...
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Dodge Construction Network: Total Construction Starts Rebound in May 2023
According to Dodge Construction Network, total building starts increased by 8% in May to a seasonally adjusted annual rate of $1.11 trillion. Nonresidential starts increased by 8% in May,...
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NAHB: Solid Growth in Single-Family Starts Recorded in May 2023
Single-family starts reached an 11-month high in May thanks to a combination of low existing inventory, strong demand, and advancing supply chains. According to a study from the U.S....
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NAHB: June 2023 Builder Confidence Rose to Positive Territory
According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) issued today, builder confidence in the market for newly built single-family homes increased five points...
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NAR: US Housing Market Needs More Than 300,000 Affordable Homes for Middle-Income Buyers
According to a new report from the National Association of Realtors and Realtor.com, the United States housing market is short more than 300,000 affordable houses for middle-income buyers. The...
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NAR: Pending Home Sales Recorded No Change in April 2023
According to the National Association of REALTORS, pending house sales were unchanged in April. Three U.S. areas increased month over month, while the Northeast fell. Transactions fell in all...
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NAR: Pending Home Sales Declined 5.2% in March
According to the National Association of REALTORS, pending home sales fell in March for the first time since November 2022. Three US areas saw monthly losses, while the South...
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30-year fixed-rate mortgage rate continues to rise
According to the results of Freddie Mac’s Primary Mortgage Market Study (PMMS), the 30-year fixed-rate mortgage (FRM) averaged 6.43 percent. “The 30-year fixed-rate mortgage increased modestly for the second...
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NAHB: March New Home Sales Jump on Lower Rates
According to freshly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family houses jumped 9.6% in March...
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NAHB: Single-Family Starts Improve in March
In March, single-family production showed signs of a steady upturn as mortgage rates stabilized and existing inventory was limited, helping to offset stubbornly high construction costs, building labor shortages,...
