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 »Apps for New Home Purchases Dip 15.2% YoY in October
Still hampered by supply-chain concerns, home builders slowed their pace in October, as buyers absorbed a 12.3% annual increase in construction costs.
Read More »Residential Construction Spending Falls in April
While overall money spent on construction declined for the month, one economist said single-family building is the “best bet” for a rebound.
Read More »Homebuilder Confidence on the Rise
The designation of home construction as “essential” provided a boost to the industry. Click through to read more.
Read More »How Long Does it Take to Build a Single-Family Home?
The Census Bureau’s new survey studies completion time form permit to construction and how that varies by region.
Read More »Freddie Mac Forecasts Mortgage Origination Performance
Here’s why Freddie Mac’s latest forecast on the economy and the housing market has revised its estimates on mortgage originations and home prices for 2019 and 2020.
Read More »Bad News for the Housing Market?
Economists speculate about what the latest construction data means for the market moving forward.
Read More »Asking Prices Up 10.0% Year-on-Year; Urban Areas Lead
Trulia found that month-to-month asking prices nationally in urban markets rose 1.2 percent in March. Quarter-to-quarter, prices rose 2.9 percent in March, reflecting three straight months of solid month-over-month gains. Both calculations were seasonally adjusted. More encouraging is that asking prices are up a full 10 percent since last year, rising in 97 of the 100 largest metros.
Read More »