Mortgage Rates Are Up but New-Home Sales Still Solid in March
Lack of existing home inventory drove a rise in new-home sales, despite higher interest rates in March
Who's Earning What in Construction
Workers in construction management roles may earn a higher median wage, but on average, lower-paid occupations have experienced somewhat faster wage growth
Build-to-Rent Is Booming, Particularly in These Metros
A recent report finds that the Phoenix metro leads with more than 4,000 build-to-rent units completed in 2023, and Texas is the leading state for build-to-rent development
Which Green Building Practices Are Home Builders Using Most?
A recent report reveals which green-building practices are most popular among single-family home builders and remodelers
Single-Family Permits Show Increase in February
Year-to-date ending in February, single-family permits were up in all four regions of the U.S.
Q1 2024 Foreclosure Activity Rises Slightly
Data show New York, Houston, and Chicago topping the list of major metros with the greatest number of foreclosure starts during Q1 2024
Market Data + Trends
Mapping the Counties Most at Risk of Increased Home Insurance Costs
A look at which counties are expected to face the greatest risk for insurance shocks due to fire, wind, and flood risk going forward
Build to Rent
Rental Housing Data for December Offer a Range of Mixed Signals
Zillow's latest rental market report shows annual rent growth has stabilized, but rent decreases vary by market and affordability remains a challenge
Master Planned Communities
Report Identifies Top-Selling Master Planned Communities of 2023
In the recently released report from RCLCO, Florida and Texas had the most sales among top-ranked MPCs of 2023 and Houston was the top-performing metro area
Labor + Trade Relations
Going Up! Residential Building Wages Rise
For the past 12 months, wage growth has been below 4% and construction labor demand has stayed strong, even while the economy's total job openings have declined
Housing Markets
The 10 Hottest Housing Markets of 2024
Most of this year's hottest markets are located in the Midwest, Great Lakes, and South
Market Data + Trends
Private Residential Construction Spending Up in November
NAHB's construction spending index shows construction spending on single-family housing has experienced solid growth since May 2023
Market Data + Trends
Falling Interest Rates Buoy Builder Sentiment
Builder confidence in the market for newly built single-family homes rose three points in December, according to the latest NAHB/Wells Fargo Housing Market Index
New-Construction Projects
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
Market Data + Trends
2023 vs. 2022 Changes in Homebuyer Purchasing Power and Living Space
More than half of US urban hubs saw housing attainability plummet, with homebuyers in 61 large cities now able to afford less living space than they did a year ago
Market Data + Trends
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
