New residential construction dipped in June, with building permits, housing starts and housing completions ticking down modestly, according to U.S. Census Bureau data released Tuesday. Continue reading
Housing starts clocked in at a seasonally adjusted rate of 1,549,000, a 14.4 percent decline from revised April levels, according to the U.S. Census Bureau and Dept. of Housing and Urban Development. Continue reading
Homebuilder confidence fell 2 points in June to 67, marking the lowest reading since June 2020, according to the National Association of Home Builders/Wells Fargo Housing Market Index. Continue reading
Builder confidence dropped two points to 77 as builders contend with rising interest rates and costs, according to the National Association of Home Builders/Wells Fargo Housing Market Index released Monday. Continue reading
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
Prices for softwood lumber and some other building materials ease, but workers remain in short supply, according to the National Association of Home Builders. Continue reading
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
The National Association of Home Builders/Wells Fargo Housing Market Index is the highest its been since 1999. Continue reading
Single-family home builders are citing low mortgage rates and positive job growth as reasons why builder outlook remains high. Continue reading
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