Despite a nearly 12% year-over-year drop in sales, builders keep momentum with quick move-ins and buyer incentives
Tagged: new home construction
High home prices, low inventory driving new construction growth, NAHB reports
NAHB responds to the 25% tariff on Canadian and Mexican goods, including lumber and home building materials
High rates and the lock-in effect have kept existing homes out of reach, but new construction sees positive growth
Homebuilder boom pays off as affordable resale inventory lags demand
Ken Wingert will handle the association's federal affairs and legal advocacy
National Association of Home Builders reports growth in building permits in Q2 2024
Matching a summer decline in sentiment, builders continue to grapple with high construction and development costs
Average effective rates on loans for land acquisition and speculative single-family construction were the highest they’ve been since 2018.
Meanwhile, multi-family construction has slowed down, according to the National Association of Home Builders.