Tagged: Housing Starts

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

Roughly 40% of new builds are going to first-time homebuyers, but larger firms have more success reaching this group of buyers.

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

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

Newest data could help incentivize rate cuts later this year

Single-family building permits drop to lowest level in a year

National Association of Home Builders attributes levelling off to high rates and low confidence

March’s single-family housing starts came in at 1,022,000, per the U.S. Census Bureau