Housing starts leap in February as homebuilders become optimistic

Housing starts rose to a seasonally adjusted annual rate of 1.52 million in February — 10.7 percent higher than in January, according to data released Tuesday by the U.S. Census Bureau. Continue reading

Housing starts defy expectations, surge to highest point since May

Housing starts jumped 14.8 percent between October and November to a seasonally adjusted annual rate of 1.56 million. That’s 9.3 percent higher than they were in December 2022. Continue reading

New-home sales soar in September — but analysts see sales slowdown

New-home sales skyrocketed in September, soaring to a 20-month high, according to data issued Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development. Continue reading

Housing starts tally ‘unexpected’ uptick amid rising mortgage rates

New housing starts increased 7 percent in September to a seasonally adjusted rate of 1.36 million, or 7.2 percent below the levels seen in September 2022, according to Census data released Wednesday. Continue reading

After a pandemic pause, the built-for-rent revolution is underway

The number of new homes earmarked for the rental market is expected to double by 2027 as built-for-rent housing rebounds with a record Q1 and developers clamor to partner with investors. Continue reading