Construction spending rose in October, with more new homes in lower-density areas
Tagged: National Association of Home Builders (NAHB)
Recent mortgage rate volatility is a reminder that high financing costs still restrain a broader housing recovery
Sales optimism at a two-and-a-half-year peak reflects builders' belief that an administration change “will result in significant regulatory relief for the industry,” the NAHB Chair said.
Homebuilder boom pays off as affordable resale inventory lags demand
More groundbreaking is needed to bridge the gap between supply and demand
Builders looking forward to a busier 2025
Ken Wingert will handle the association's federal affairs and legal advocacy
Regions Bank provides disaster-recovery financial services and NAHB helps rebuild
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