Housing starts plunge 10% in May to lowest level since 2020

New residential construction made progress in completions but largely fell short on starts and permits, according to new data released Wednesday by the US Census Bureau and HUD. Continue reading

Builders pull back from new construction once again in April

April’s housing data underscores a challenging landscape for new construction, particularly in the single-family segment, and the privately-owned segment isn’t far behind. Continue reading

Here’s why builders are slamming the brakes on new apartments

According to a new Redfin report, building permits for multifamily units have plunged 27.1 percent from their pandemic-era highs, with new rentals now hitting the market at the slowest pace on record. Continue reading

Tariff threats prompt builders to pump brakes on new construction

Housing starts fell 11.4 percent in March, a modest improvement from 2024, according to Census data released Thursday, with one economist describing the slump as “well below consensus expectations.” Continue reading

Tariff threats prompt builders to pump brakes on new construction

Housing starts fell 11.4 percent in March, a modest improvement from 2024, according to Census data released Thursday, with one economist describing the slump as “well below consensus expectations.” Continue reading

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

How a construction niche produced 1 of the top luxury agents in the US

The former No. 1 Engel & Völkers Americas agent tells Inman how real estate professionals can build top businesses by targeting a niche. Continue reading

6 real estate agent tips for partnering with new-home builders

To work with builders, your skill level has to be at your next level. From communication to presentation to organization to marketing — it’s time to raise the stakes to develop these relationships. Continue reading

Sales declines, price drops and the return of buyer incentives: Oh my!

It’s getting hairy out there for homebuilders as construction leaders report that buyers are losing interest in pricy new properties now that mortgage rates have climbed, according to a new survey. Continue reading

US housing starts hit fastest pace in 16 years

Privately owned housing starts increased 0.3 percent from revised February figures to a seasonally adjusted annual rate of 1.79 million, according to US Census Bureau data released Tuesday. Continue reading