Elevated mortgage rates drive homebuilder confidence downward

Homebuilders exhibited little optimism as the housing market showed little improvement month-to-month, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. Continue reading

Housing starts post rebound in April but inventory remains tight

Housing starts rose 2.2 percent month over month in April, as homebuyers increasingly turn to new construction to combat low inventory in the resale market, the US Census Bureau reported Wednesday. Continue reading

Builder confidence ends 2021 strong

The National Association of Home Builders/Wells Fargo Housing Market Index increased for the fourth consecutive month, to 84 in December, marking a high for the year last seen in February. Continue reading

‘Lumber truthers’ question veracity of shortage through social media

Despite lumber shortage data that’s been released for consecutive months by industry associations, including the National Association of Realtors and the National Association of Home Builders, lumber-shortage truthers have taken to social media to disp… Continue reading

NAHB: Builder confidence decreases slightly again in March

Although the housing market index remained relatively high for March 2020 compared to all of 2019, as economic confidence started to waver, the index faced a slight decrease. Continue reading

Inman News quiz: Think you’re on top of the week’s biggest stories?

The real estate industry threw some curveballs. Take Inman’s real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week. Continue reading