Housing starts rose 2.2% 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
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
Despite lumber shortage data released for consecutive months by industry associations, lumber-shortage truthers have taken to social media to dispel what they see as myth
Pandemic-related supply chain issues and shortages of lumber have continued to contribute to rising lumber prices, but intense homebuyer demand for single-family homes has kept builder confidence steady
The National Association of Home Builders and Wells Fargo Housing Market Index jumped 5 points to 83 in September, an all-time high for the index since the series began in 1985
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
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
National Association of Home Builders survey finds 85 percent of metro areas experienced uptick in home affordability