New residential construction made progress in completions but largely fell short on starts and permits, according to new data released Wednesday by the US Census Bureau and HUD
Windermere’s Principal Economist Jeff Tucker looks at October's falling month-to-month new construction numbers
Renter households increased by 2.7% year-over-year in the third quarter to a record 45.6M, a rate 3 times higher than the 0.9% uptick in homeowner households, according to a new Redfin analysis
Opinion
The pandemic presented unprecedented challenges, and multifamily leaders had to adapt. Here are just some of the ways builders are softening the blow of supply chain issues
After a final $200M investment from SoftBank, Katerra is closing after years of financial mismanagement and rising construction costs
Millennials in particular are losing out as new home construction slows, and the tax overhaul and tariffs aren't likely to improve matters
Much of the new development supply is geared toward luxury, doing little for middle-market pricing
The buildings are of original construction proving the heat of the Miami market