Texas new-home permits accounted for 15% of nationwide total in 2024
Tagged: Housing Permits
Recent mortgage rate volatility is a reminder that high financing costs still restrain a broader housing recovery
More groundbreaking is needed to bridge the gap between supply and demand
With single-family starts and permits rising in August, Fed rate cuts ease construction costs for builders, though competition from resale inventory also stands to increase
National Association of Home Builders reports growth in building permits in Q2 2024
New-home sales from January through July rose 2.6% compared to the first seven months of 2023
Matching a summer decline in sentiment, builders continue to grapple with high construction and development costs
First four months of 2024 see 25.3% increase over 2023
Permits, completions also rise as market enters 'prime season'
Increase 2.2% from March, but number of units under construction not enough to fill inventory void.