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-Construction Projects
New Survey Finds 45% of Americans Would Move if They Could Telecommute
An increasing number of Americans working from home provides builders with the opportunity for cheaper projects at a higher scale. According to…
Construction
Could More Construction Put an End to Climbing Home Prices?
The story of buyers being outbid is a common one as home inventory remains low and prices continue to climb, but relief could be on the way. With…
New-Home Sales
New Home Sales Flatten from September to October
Sales of newly built single-family homes slipped slightly in October, but remains at a strong year-over-year high, says the National Association…
New-Construction Projects
New Single-Family Homes Point Toward Size Increases
Following years of steady decline, single-family home sizes appear to be leveling off. According to the National Association of Home Builders, the…
Single-Family Home Construction Time Increases Again
It took an average of 8.1 months to finish constructing a single-family home in 2019, from authorization to start until completion. In 2014, it…
Multifamily
New Multifamily Construction Drops by 25% from July to August
New home starts in August continued a year-over-year increase, but experienced a 5% decrease from the previous month. This does not necessarily…
Market Data + Trends
NAHB: Small Metro Suburbs Are Only Region Seeing Quarterly Gains
Like many buyers who choose to flee compact urban areas, residential home builders are shifting toward the suburbs. For single-family construction…
Economics
NAHB Finds Home Building Could Spark Economic Recovery
Want to restart an economy? Build homes. Constructing 1,000 average single-family homes creates 2,900 full-…
The New American Home
Desert Dreams: Step Inside the New American Home 2020
Overlooking the glittering lights of Las Vegas, the New American Home 2020 delivers comfort and luxury at the highest level
The New American Home
Preview of The New American Home 2020: Comfortable Luxury
While we don't want to give away too much before the house is revealed in Professional Builder's January issue and at IBS, here's a sneak peek at this year's New American Home
