Construction
Coming Up:
Home Builder Credit Tightened In Second Quarter
Average effective rates on loans for land acquisition and speculative single-family construction were the highest they’ve been since 2018.
Builder Confidence Falls Slightly in July
As buyers anxiously await lower mortgage rates, home builders cut prices
Homebuyer Price Expectations Far From Reality
New home buyers shopping in virtually nonexistent price tier
How High?
Housing boom in most of the U.S. could ease shortage, but cost is still a problem
NMP
High Rates Dampen Builder Confidence
Builder confidence in the market for newly built single-family homes was 43 in June, down two points from May.
Housing Starts Hindered By Barriers To New Construction
Single-family building permits drop to lowest level in a year
Single-Family Housing Permits Up 24% In Q1
Meanwhile, multi-family construction has slowed down, according to the National Association of Home Builders.
Homebuyers Have A Friend In New Construction
Redfin analysis indicates one-third of homes for sale in Q1 2024 were newly built
Single-family Housing Starts Remain Flat In April
National Association of Home Builders attributes levelling off to high rates and low confidence
Builder Sentiment Declines In May, Ending 6-Month Streak
The NAHB/Wells Fargo Housing Market Index shows the use of sales incentives rose 2% month over month.