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
Build to Rent
Rent Growth Is Slowing Where Fresh Supply Meets Stable Demand
For the past several years, a supply-and-demand imbalance in the rental market has pushed prices to new highs, but a number of markets are now returning to pre-pandemic norms
New-Construction Projects
Affordable Housing Complex Breaks Ground in Sacramento
Construction is underway for a Sacramento affordable housing complex designated for residents making between 30% and 60% of the area's median income
Custom Home Design
Explore the Desert Comfort Idea Home
Take a virtual walkthrough of the bright and airy living spaces inside the Desert Comfort Idea Home...
New-Construction Projects
Builders Poised to Benefit From Existing Home Shortage
A slowdown in new listings from hesitant home sellers is benefitting home builders, who are seeing increased demand from buyers turning to new-construction
Financing
Yield Giving Organization Donates $10 Million for Affordable Housing
MacKenzie Scott's philanthropic organization, Yield Giving, is providing D.C.-based National Housing Trust with a onetime donation of $10 million to support affordable housing development
New-Construction Projects
How Feasible Are Office-to-Residential Conversions?
Transforming empty office spaces into affordable housing units requires significant funding and large-scale construction, but in a worsening affordability crisis, experts say those efforts are more than worth it
New-Home Sales
Demand Strengthens for New-Home Construction
A shortage of existing homes for sale is causing a growing number of homebuyers to consider new-home construction
Market Data + Trends
The US Housing Shortage Reaches a Crisis Point
What will it take to build back from a housing deficit of up to 6.5 million units?
New-Home Sales
Home Builder Profits Reached Record High in 2022 Despite Affordability Challenges
Home builders reported surging profits in 2022 as an elevated share of homebuyers turned to new construction
Market Data + Trends
After Several Months of Gains, Single-Family Home Starts Dropped in June
Census data for permits, starts, and completions shows a rate of 935,000 single‐family housing starts in June, which is 7% below the revised May figure of 1,005,000
