Preference for older homes signals renovation loan opportunities for originators
Tagged: new construction
TD Bank's survey reveals more first-time buyers seek new construction as housing shortage persists.
New construction makes its way especially into certain U.S. cities, while borrowers purchasing more new housing stock
Rents tick up 0.4% from last year as new apartment construction slows, signaling a potential end to rent stability
Move comes as some caution Canada, Mexico tariffs will spike building materials costs
But January new home sales were still up 11% year-over-year
The price gap between new and existing homes has all but disappeared
Five months of housing supply sits on the market, but affordability challenges persist
Texas new-home permits accounted for 15% of nationwide total in 2024
Total housing starts fell nearly 4% in 2024, but began picking up pace in December