Residential construction spending rises for fifth-consecutive month

The steady increase has occurred despite widespread supply shortages, tight labor markets, rising inflation and the volatile cost of wood, according to National Association of Home Builders. Continue reading

Stimulus package could create ‘chaos’ in mortgage industry

A coalition of real estate and banking trade groups is calling on Congress to help banks with liquidity as they allow homeowners to forbear their mortgage payments. Continue reading

Builder confidence hits yearly high in September

The National Association of Home Builders’ monthly measure of market conditions reached its highest point in 2019 and the highest point since October. Continue reading

Builder confidence dips slightly but remains solid in June: NAHB

Builder confidence for newly built single-family homes fell two points to 64 in June, according to data released Thursday by the National Association of Home Builders. Continue reading

Builder confidence rises due to demand and limited supply: NAHB

Builder confidence for newly built single-family homes rose three points to 66 in May, according to the latest data from the National Association of Home Builders.  Continue reading