Builder sentiment improves on heels of falling mortgage rates
Builder confidence in the market for single-family homes rose 3 points to a score of 37 during December, the first monthly improvement since August
by Ben Verde Dec 18
August new-home sales plummet amid interest, affordability woes
Sales of newly built homes dropped 8.7% in August to a seasonally adjusted annual rate of 675,000
by Ben Verde Sep 26
Homebuilder confidence tanks as mortgage rates rise
Builder sentiment for newly built single-family homes slid five points to a score of 45, the second straight month of steep decreases
by Ben Verde Sep 20
After a pandemic pause, the built-for-rent revolution is underway
The number of new homes earmarked for the rental market is expected to double by 2027 as built-for-rent housing rebounds with a record Q1 and developers clamor to partner with investors
by Taylor Anderson Jul 11
Builder confidence rises as low inventory hikes new-home demand
New homes now represent a third of all homes on the market, 2.5 times higher than the historical average for the 2 decades leading up to COVID-19, according to the NAHB/Wells Fargo HMI
by Taylor Anderson May 17
NAR chief economist: 'The Fed made a mistake'
At the Realtors Legislative Meetings' Residential Economic Issues and Trends Forum, Lawrence Yun predicted total home sales would bottom out this year before ticking up in 2024
Multifamily construction delivers boost to housing starts in February
Apartment building construction soared 24% in February, lifting new housing starts overall despite a weak month for single-family builds, according to data from the US Census Bureau
by Ben Verde Mar 16
Builder confidence inches up as developers brace for lending anxiety
Builder confidence rose 2 points in the latest National Association of Home Builders' Housing Market Index, but economists fear lending challenges in the wake of bank failures this month
by Ben Verde Mar 15
Homebuilders are feeling a lot more optimistic as market begins to thaw
Builder confidence rose 7 points in February, to 42, according to the latest NAHB Housing Market Index. It's the highest score since September and the largest 1-month increase in a decade
by Ben Verde Feb 15
It's official: 2022 shows homebuilder sentiment declines for every month
While December's data represented the 12th straight decrease in homebuilder sentiment, there is a 'silver lining.' The average price reduction was 8 percent, up from 5 or 6 percent, report says
by Ben Verde Dec 19
Homebuilders suspect demand for new homes will fall even further
With sales already slipping off highs from earlier in the pandemic, a survey of builders released Tuesday by the National Association of Home Builders suggests the bleeding may have just begun
by Daniel Houston Oct 18
As buyers balk, some homebuilders dread the months to come
Builder sentiment dropped at the second-fastest pace of the last two decades as construction companies began cutting costs, according to the National Association of Home Builders
by Daniel Houston Jul 19
'Clear sign' of a slowing housing market as builder confidence falls
Homebuilder confidence fell 2 points in June to 67, marking the lowest reading since June 2020, according to the National Association of Home Builders/Wells Fargo Housing Market Index
by Ben Verde Jun 15
New home sales hit 2-year low, falling well short of expectations
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
by Lillian Dickerson May 24
view of construction site and house foundation in preparation process
Builder confidence dropped 2 points to 77 as builders contend with rising interest rates and costs, according to the National Association of Home Builders/Wells Fargo Housing Market Index
by Ben Verde Apr 18