Housing starts beat expectations in February but headwinds loom

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

Builders shift to townhomes and condos to tackle housing shortage

This shift in strategy reflects a growing need for more affordable and space-efficient housing options amid rising costs and limited land availability, according to a new analysis from Zillow released Thursday. Continue reading

New-home sales show promise with 1.8% annual growth

New-home sales improved across the board in January, according to the U.S. Census Bureau and the Department of Housing and Urban Development on Monday. New-home sales, which include when a homebuyer makes a deposit or signs a sales agreement, increased… Continue reading