Homebuilder confidence declined for the fifth consecutive month, as the cost of building materials were up by more than 19% year-over-year.
Read More »Gain in March Housing Starts Driven by Uptick in Construction
Led by a double-digit gain in multifamily activity, housing permits rose 0.4% from February, and were 6.7% higher year-over-year.
Read More »Home Construction Still Affected by Supply Chain Issues
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development have released their new residential construction statistics for February 2022, which found that privately‐owned housing starts in February hit 1,769,000, 6.8% above the revised January estimate of 1,657,000. ...
Read More »Home Construction Stunted by Supply Chain Issues
Housing starts may be on the rise, but supply bottlenecks and labor scarcity are impacting the pace of home builders.
Read More »New York Fed Gives Unfavorable Review of Housing Sector
Merriam Webster's Dictionary defines anemic as: “lacking force, vitality, or spirit.” The Federal Reserve Bank of New York felt that is an appropriate depiction of the current housing market, as it called housing starts and permits “anemic” in its August ...
Read More »The Problem With California’s Affordable Housing Goals
A new report gives insights into the factors that are likely to keep the Golden State from achieving its goal for more affordable housing.
Read More »Home Maintenance and Hurricanes
A new report reveals a correlation between Hurricane Harvey and the rise of home maintenance and remodeling projects. How did the hurricane impact the market for renovation?
Read More »Freddie Weighs in on Housing Market
Affordability challenges slowed the growth of home sales this summer, according to Freddie Mac's housing market forecast. Yet, buyer demand remains strong due to these factors.
Read More »The Economy is ‘Considerably Stronger’ Says Powell
Fed Chair Jerome Powell gave a positive picture of the U.S. economy as well as the labor market during his semiannual testimony to Congress. Here’s what he said about how these factors would impact Fed rate hikes.
Read More »Housing Deficits in the Silver State
While housing is in short supply across the country, the problem is particularly acute in Nevada. Here’s why the state is experience a shortage of single-family housing starts.
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