Amid market jolt, hiring continues in residential development sector

Employers added 16,700 residential construction jobs in May on a seasonally adjusted basis, nearly doubling the national rate of job growth, according to new Department of Labor figures. Continue reading

From ‘Belfast’ to ‘Dune,’ the homes of every Oscar Best Picture nominee

Inman rounded up the homes most prominently featured in this Sunday’s Academy Awards for Best Picture, and broke them down by time, place and estimated home price, as well as what they would cost today, for all the movie buffs following along during th… Continue reading

Buyers shift gaze to unstarted builds as new home sales drop

Homebuilders sold more unstarted homes in February, but these gains were more than offset by a decline in sales for homes under construction, according to the U.S. Census Bureau. Continue reading

Want a cheap house for Christmas? Head to Santa Claus

Finding hope through the pandemic’s darkness has looked different for everyone. For some, that’s meant seeking out the spirit of Christmas in places where it lives on the whole year through, like in Santa Claus, Indiana, which has led to a mini real es… Continue reading

New home sales soar by double digits

After increasing by a modest 0.4 percent in October, new home sales saw a 12.4 percent increase in November, according to the U.S. Census Bureau and Department of Housing and Urban Development. Continue reading

‘It’s a hopeful sign’: Builders forge ahead on new home starts

Builders kicked off construction on 129,400 new housing units in November — a half-percent increase on a month when starts typically decline, according to the U.S. Census Bureau. 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

New home sales see modest gains for second consecutive month

Sales of newly built single-family homes hit a seasonally adjusted annual rate of 740,000 in August 2021, up 1.5 percent from the revised July rate, according to the U.S. Census Bureau. 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