National Association of Home Builders
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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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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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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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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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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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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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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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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...
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Private Residential Construction Spending Rising in April
After declining 0.4% in March, private residential building spending increased 0.1% in April, according to a post from...
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New Home Preference Continues Rising
New homes’ appeal is just getting stronger. In a recent NAHB study, 61% of home buyers said their...
