Data Show New-Home Construction Starts Slowed at the End of 2023
Despite falling mortgage rates and a continuing shortage of housing inventory, the annual pace of new-home construction slowed in December
Top 10 Metros for New Homes in 2024
Punta Gorda, Fla., and Myrtle Beach, S.C., top the list of places where new-home construction is booming
US Housing Starts See Unexpected Surge in November
Census Bureau data show new-home construction was up 14.8% in November, suggesting the housing crunch may be easing
Exurban Areas Saw Most Growth in New Construction During Q3
NAHB's latest Home Building Geography Index shows exurban areas had the largest increase in market share for both single-family and multifamily construction
Pennsylvania Allocates $98M to Tackle Affordable Housing Shortage
The state of Pennsylvania has allocated the funds from the American Rescue Plan Act to produce more affordable housing units
San Francisco Complex Offers 200 Housing Units Plus Support Services
San Francisco's City Gardens affordable housing complex offers on-site social services for families transitioning from being unhoused
Builders
Home Builder Incentives and Price Reductions Are Finally Paying Off
Home building company KB Home reported a drop in cancellations at the start of 2023 after a major slowdown in buyer activity during the final quarter of 2022
New-Construction Projects
In These States, It May Actually Be Cheaper to Build Than to Buy
As homebuying obstacles mount, building a home is more affordable than purchasing one in these states
New-Construction Projects
Which Markets Are Seeing the Most New-Home Construction?
While the rest of the U.S is grappling with a dearth of new housing, these fast-growing markets are seeing an uptick in new-construction projects
New-Construction Projects
A Near Record Number of Housing Units Are Under Construction, but They’re Taking Longer to Complete
Single-family housing starts are rising, but supply-chain delays are pushing back completions
Leadership
Housing Affordability: Why This Downturn Is Different
The current shortage of affordable homes is due to more than just undersupply in the market
Community Development
How One Veteran in Memphis Is Giving Back to Those in Need
Founder of local nonprofit Flanders Fields, Ben Owen is providing housing and addiction support to veterans
Women in Construction
Meet the All-Woman Crew Breaking New Ground in Monterey County
Led by a woman Grade Setter, this sister trio is working to prepare sites for a new housing project along Highway 1 in California
Housing Markets
Active Inventory Is on the Rise in These US Metros, but New Listings Are Slowing
Metro areas such as Denver and Las Vegas are seeing an uptick in active inventory, despite a slowdown in new listings due to dwindling buyer demand
Single-Family Homes
Household Formation Continues to Outpace Single-Family Production
The U.S. housing market needs to add approximately 6.5 million single-family homes to keep up with the breakneck pace of household formation
New-Construction Projects
Where Are Single-Family Housing Starts Falling the Fastest?
As a growing number of Americans move away from large metro areas in search of more space and greater housing affordability, single-family housing starts are slowing in the nation's densest counties
