NAHB
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By Jack Bjorklund / August 19, 2024
NAHB: Best Quarter for Custom Home Building in Nearly Two Years
According to National Association of Home Builders (NAHB)’s analysis of Census Data from the Quarterly Starts and Completions...
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By Jack Bjorklund / August 16, 2024
Townhouse Construction Growth Continue
Year-over-year improvements in townhouse construction continued in the second quarter of 2024, as demand for medium-density housing remained...
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By Jack Bjorklund / August 15, 2024
Builder Confidence Falls as Market Expects Rate Cuts
A lack of affordability, as well as buyer reluctance due to high interest rates and housing prices, contributed...
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By Jack Bjorklund / August 14, 2024
NAHB: Building Material Price Growth Tracking Close to 2023
Residential construction inputs, excluding food and energy, fell 0.04% in July, according to the most recent Producer Price...
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By Jack Bjorklund / July 30, 2024
Construction Job Openings Slowdown
According to the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS), the number of open...
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By Jack Bjorklund / July 17, 2024
Single-Family Slips, Multifamily Surges in June
Increased interest rates on home mortgages and construction and development loans slowed single-family production and demand in June....
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By Jack Bjorklund / July 16, 2024
Builder Confidence Drops to Lowest Level in 7 Months as Rates Bite
Mortgage rates averaged 6.92% in June, according to Freddie Mac, and high rates for construction and development loans...
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By Jack Bjorklund / July 10, 2024
NAHB: Lot Values Are On The Rise
According to National Association of Home Builders (NAHB)’s research of Census Bureau Survey of Construction (SOC) data, lot...
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By Jack Bjorklund / June 21, 2024
Existing Home Sales Drop Despite Record High Prices
Existing house sales decreased for the third consecutive month in May, owing to persistently high mortgage rates and...
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By Jack Bjorklund / June 20, 2024
May Sees Housing Starts Retreat Amidst High Borrowing Costs
Single-family and multifamily housing starts declined in May, as high interest rates on construction and development loans, as...