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
New home sales took a hit for the fourth-straight month in April as buyers grappled with the new reality of rising home prices and mortgage rates in excess of 5%, according to Census Bureau data
New home sales took an 8.6% hit in March as rising home prices and mortgage rates made homebuyers think twice before purchasing a new home, according to new data released Tuesday
The decline in starts came as Omicron cases surged across the US and wintry weather hampered builders' progress, according to data Thursday from the US Census Bureau and HUD
Privately owned housing starts dipped 0.7% in October while single-family housing starts dropped 3.9%, according to US Census Bureau residential construction data
Multifamily housing starts dipped 1.6% in September following a month in which the sector delivered surprising gains while single-family housing starts remained steady from the previous month
Sales of newly built single-family homes hit a seasonally adjusted annual rate of 740,000 in August 2021, up 1.5% from the revised July rate, according to the US Census Bureau
Privately owned housing starts beat expectations in August while single-family starts declined by nearly 3%, according to data issued Tuesday by the US Census Bureau
Centrally located, small and more affordable living spaces dominated the past decade, according to new data released by RCLCO Real Estate Advisors
Rental construction in the Midwest faces the largest square footage drop compared to a decade ago