Tagged: new construction

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

Changes could exacerbate two-tiered market, one that “benefits from tax reform and deregulation, and another that struggles with affordability challenges.”

Some markets to see sizable bump up in 2025 sales, while others will struggle to overcome affordability challenges

Construction spending rose in October, with more new homes in lower-density areas

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

Builders optimistic for the first time since May, reports National Association of Home Builders

New-home sales from January through July rose 2.6% compared to the first seven months of 2023

As buyers anxiously await lower mortgage rates, home builders cut prices