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
New-Home Sales
The Pros and Cons of Buying New Construction
Housing costs are soaring to record highs, and while price tags for newly constructed homes trump sale prices for pre-existing homes, starting from scratch could offer some benefits
New-Construction Projects
Adaptive Reuse Projects Surpass Pre-Pandemic Numbers to Reach All-Time High
Office-to-apartment conversions are creating a new opportunity for developers to boost rental supply across the U.S.
Multifamily
Single-Family Construction May Be Slowing, but Multifamily Starts Are on the Rise
Housing starts fell in September, but as a growing number of would-be buyers are pushed out of home purchases, demand for new multifamily rental units is rising
New-Home Sales
Prospective Buyers Are Diving Headfirst Into New-Home Purchases to Get Ahead of Rate Hikes
A market correction forced a large share of would-be buyers to put off their home purchasing plans, but with more rate hikes on the horizon, demand for new homes is on the rise
New-Construction Projects
Demand for New-Home Construction on the Rise as Existing Supply Dwindles
As the supply of existing homes for sale hits a plateau, buyers are instead taking a look at a rising share of newly constructed homes
New-Construction Projects
As Mortgage Rates and Inflation Slow Home Sales, Builders Pull Back, Too
Builders are responding to soaring housing costs by slowing their production schedules and waiting for an improvement in affordability
Building Materials
Florida Homeowners Hit With High Rebuilding Costs After Hurricane Ian
Building prices are beginning to fall from historic highs, but lingering inflation is taking a toll on Florida homeowners rebuilding after Hurricane Ian
New-Construction Projects
Single-Family Housing Starts Dropped to Two-Year Low in September
Home builders slowed their pace of new construction in September as higher interest rates continued to price out a growing share of would-be buyers
New-Construction Projects
As Remote Workers Return to the Suburbs, Experts Predict a Rise in New-Home Construction
A growing number of city residents are switching to remote work full-time, and as many of them seek out additional living space in the suburbs, housing experts say new-construction projects are taking off
Regional Builders
Texas Home Builders Forced to Offer Discounts to Dump Inventory by Year End
Soaring housing costs are forcing Texas home builders to slow production and offer concessions in order to sell completed homes
