A new Redfin report revealed the share of rental vacancies has increased as more inventory enters the market, causing median asking rents to flatten nationwide from their record high reached in August 2022.
Read More »Homebuilders Maintain Positive Outlook
Despite lingering supply issues, housing permits increased to an annual pace of 1.65 million in October, a positive sign for home builders to close out the year.
Read More »Report Shows Confidence Among Home Builders
The National Association of Home Builders (NAHB) and Wells Fargo reported a solid market for new single-family homes in the April NAHB/Wells Fargo Housing Market Index (HMI). NAHB reports that there is a continuing demand for home construction, although builders have faced several challenges such as high regulatory costs and increasing material prices.
Read More »Ask the Economist: Robert Dietz, Ph.D.
Robert Dietz, Ph.D., Chief Economist and SVP for the National Association of Home Builders (NAHB), discussed the challenges with home building, what high builder confidence means for the housing market, and how GDP and job growth will affect home sales. Editors note: this exclusive interview appeared in the February issue of DS News.
Read More »Rising Compliance Costs Are Problematic for Home Builders
Home builders have hit a roadblock. The ramped up regulatory environment has made it difficult for home builders to build affordable homes.
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