Following slow September, single-family housing starts plunge 18%

Single-family projects took yet another beating in September, declining nearly 5 percent from the previous month and 18 percent year over year, according to data released Wednesday from the U.S. Census Bureau. Continue reading

Homebuilders suspect demand for new homes will fall even further

With sales already slipping off highs from earlier in the pandemic, a survey of builders released Tuesday by the National Association of Home Builders suggests the bleeding may have just begun. Continue reading

New construction scores a modest win as housing starts jump 12%

Monthly housing starts rose 12.2 percent in August to a seasonally adjusted rate of 1,575,000, according to U.S. Census Bureau data released Tuesday. August 2022 levels fell 0.1 percent year over year. Continue reading

Against the odds, some buyers are returning to newly built homes

Homebuilders are reporting shorter construction timelines and fewer supply-chain issues as they deal with a drop in demand for new houses, according to a survey of homebuilders by John Burns Real Estate Consulting. Continue reading

The 10 most stable housing markets in the United States, ranked

The U.S. housing market and economy at large have endured a blizzard of rising home prices and climbing mortgage rates. But take shelter from the storm with these financially sound markets. Continue reading

Construction starts dip as mortgage rates surged in April

The slowdown in construction activity comes as the average for a 30-year loan rose to 5.3 percent last week, up from 2.49 percent a year ago, according to new data released by the US Census Bureau on Wednesday. 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

Housing starts dip modestly in October amid supply chain issues

Privately owned housing starts dipped 0.7 percent in October while single-family housing starts dropped 3.9 percent, according to U.S. Census Bureau residential construction data Continue reading

Housing starts faltered in September amid supply constraints

Multifamily housing starts dipped 1.6 percent in September following a month in which the sector delivered surprising gains while single-family housing starts remained steady from the previous month. Continue reading

Multifamily housing starts deliver August surprise; single-family falls

Privately owned housing starts beat expectations in August while single-family starts declined by nearly 3 percent, according to data issued Tuesday by the US Census Bureau. Continue reading