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
Housing Values Continue to Rise, Housing Market Gained $2.4T in Value Over Last Year
The total value of U.S. homes sees biggest gain in almost a year, with affordable East Coast and Midwest metros seeing gains of more than 10%
Sustainability
Study Shows More Home Builders Adopting Green Building Practices, Products
A new study finds a marked increase in the number of home builders embracing eco-conscious, sustainable practices and products
New-Home Sales
New-Home Sales Increase Again in January, Builder Confidence Up
Easing mortgage rates and continued housing demand helped buoy new-home sales in January, further boosting builder confidence
Market Data + Trends
January's Mortgage Rate Dip Prompts Some Thawing of the Housing Market
A drop in mortgage rates from recent peaks nudged more homebuyers and sellers into the market, signaling the start of greater supply and demand
Market Data + Trends
Report Tracks Median Home Price Trends in Opportunity Zones
Data from the report show that home prices in low-income neighborhoods identified as Opportunity Zones track closely with nationwide price trends
Townhomes
Q4 2023 Best Quarter for Townhouse Construction in 17 Years
Prospects for townhouse construction were bright during the final quarter of 2023, and long-run prospects for this housing type look positive, too
Build to Rent
Yes, Rents Are Cooling, But How Much Varies by Market
Excess supply has helped to slow rent increases in some markets, and rent growth is moderating across a wider range of markets than in previous years, but affordability concerns persist
NAHB
NAHB Advocacy Efforts and Outcomes
NAHB Policy Briefing: Advocacy efforts by the National Association of Home Builders are making a difference; analysis of 2021 American Housing Survey data
Market Data + Trends
Builder Sentiment Rises for Third Consecutive Month
A combination of factors is buoying home builder confidence in February, with the latest NAHB/Wells Fargo Housing Market Index at its highest level since last August
Economics
Shelter Costs Drive Inflation Higher Than Expected in January
January Consumer Price Index data show inflation increased more than anticipated as shelter costs continue to rise despite Federal Reserve policy tightening
