While available rental inventory has increased, the overall rental vacancy rate hit nearly 7% in Q3, representing the highest level since 2021. A new Redfin report shows asking rents continuing to linger just below their record high from October.
Read More »New Home Construction Projected to Surge in 2024
Home building in exurbs is expected to accelerate in the coming year, according to a new study from The Plan Connection. Will it be enough to keep up with demand?
Read More »Mortgage Rates Continue to Tumble
For the second consecutive week, mortgage rates have dipped, providing a much-needed boost to the housing marketplace and sparking a rise in overall mortgage app volume.
Read More »Mortgage Rates Surge Ahead of Fed Rate Increase
Freddie Mac reported that mortgage rates experienced the largest one-week spike since gauging the metric in 1987—nearly doubling year-over-year.
Read More »Housing Starts Fall in October
Continued shortages in building materials, labor, and land contributed to a monthly decline in October new housing starts.
Read More »Senators Tackle Home Building Supply Chain Issue
U.S. Senators Jerry Moran and Jeanne Shaheen hosted a roundtable to break down the struggle that homebuilders are facing to keep up with continued demand.
Read More »Virus Impacting Residential Construction Industry
How many companies reported issues with having workers report to job sites in a new survey? Click through to read more.
Read More »Builder Confidence Grows in September
Lingering trade tensions with China have not put a damper on builder confidence according to a new report, but they have impacted other sectors.
Read More »Home Building Drags as GDP Increases
Despite home building and remodeling's drag on economic growth, real GDP growth exceeded expectations in Q2 2019.
Read More »Better Deals for New Homes?
With more newly constructed housing units being listed at a discount, these factors are leading the cut in prices for these homes according to an analysis.
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