Tag Archives: housing starts

The American homeownership dream is primed for a comeback

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Stuart Siegel, President and CEO of Engel & Völkers Americas, writes that while the American dream of homeownership is not dead, it is changing. Continue reading →

‘Construction is in a funk’: Homebuilding improves, but inventory issues remain

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The slight monthly boost comes as builders continue to face cooled buyer demand in response to elevated mortgage rates and high home prices. Housing starts and completions are not on track to meet national inventory needs this year with builder sentime… Continue reading →

Single-family permits and starts reach 11-month low in June

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Negative homebuyer and homebuilder sentiment matched with growing economic uncertainty to stifle new construction in June, with single-family permits, starts and completions taking the biggest hit. Continue reading →

New residential sales drop nearly 14% in May, their sharpest in 3 years

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Homebuyers continued to respond to market headwinds like high mortgage rates and economic uncertainty and failed to be drawn in by builder sales incentives. Continue reading →

Lower rates could bring more home sales: Fannie Mae forecast

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While Fannie Mae economists see mortgage rates coming down by a full percentage point, forecasters at the Mortgage Bankers Association have issued a more cautious take. Continue reading →

Housing starts beat expectations in February but headwinds loom

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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

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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 →

Former HUD Secretary: We need big ideas on affordable housing

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At her first ICNY appearance, former HUD Acting Secretary Adrienne Todman talked about missed opportunities to improve inventory and why it’s will — not funds — keeping the U.S. from solving the affordable housing crisis. Continue reading →

How Trump’s vow to deport millions of immigrants will impact housing

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President-elect Donald Trump promised to begin deporting millions of undocumented immigrants on Inauguration Day. Here’s how his plan could disrupt housing starts and reduce affordability. Continue reading →

Market headwinds stifled new construction growth in June

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High mortgage rates, slowing homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains. Continue reading →