Housing starts beat expectations in February but headwinds loom

Privately owned housing starts rose 11.2 percent but still fell behind February 2024 activity, according to data released Tuesday by the U.S. Census Bureau and the Department of Housing and Urban Development. Continue reading

Housing starts decline in January as homebuilder uncertainty rises

Multifamily housing starts fell 9.8 percent, reaching a seasonally adjusted rate of 1,366,000, while single-family housing starts fell 8.4 percent month over month, according to data released Wednesday. Continue reading

US housing market is short 7.2M single-family homes: Realtor.com

The US housing market is short 7.2 million homes, according to Realtor.com’s latest housing market analysis. Nearly 18 million households have been formed over the past decade; however, only 10 million single-family homes were constructed during the sa… 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

Builder confidence inches up as developers brace for lending anxiety

Builder confidence rose 2 points in the latest National Association of Home Builders’ Housing Market Index, but economists fear lending challenges in the wake of bank failures this month. Continue reading

Builders still on bumpy ride, but demand may have bottomed out

New-home starts took a hit in January but remain higher than they were in November. And builders see a path forward to stronger sales, according to a new report from the U.S. Census Bureau. Continue reading

It’s official: 2022 shows homebuilder sentiment declines for every month

While December’s data represented the 12th straight decrease in homebuilder sentiment, there is a “silver lining.” The average price reduction was 8 percent, up from 5 or 6 percent earlier this year, report says. Continue reading

Builder confidence drops to lowest level in 8 years as fall drop-off looms

Builder confidence in the newly built single-family home market fell three more points in September, to a score of 46 on the Wells Fargo Housing Market Index, according to data released Monday. Continue reading