Construction
Builders optimistic for the first time since May, reports National Association of Home Builders
Listen to the NMP Magazine September 2024 cover story.
National Association of Home Builders reports growth in building permits in Q2 2024
Average effective rates on loans for land acquisition and speculative single-family construction were the highest they’ve been since 2018.
As buyers anxiously await lower mortgage rates, home builders cut prices
New home buyers shopping in virtually nonexistent price tier
Housing boom in most of the U.S. could ease shortage, but cost is still a problem
Builder confidence in the market for newly built single-family homes was 43 in June, down two points from May.
Single-family building permits drop to lowest level in a year
Meanwhile, multi-family construction has slowed down, according to the National Association of Home Builders.