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
Asking Rents Stabilize as Apartment Construction Increases
An increase in apartment construction has led to more stable year-over-year rental prices in 2023
Community Development
Minnesota Vikings Team Up With St. Paul Habitat for Humanity
The Minnesota Vikings recently lent a hand to St. Paul Habitat for Humanity to construct a home for a local family in need
Housing Policy + Finance
US Treasury Awards $321M to Boost Affordable Housing
The funding, allocated to more than four dozen organizations, will be used to kickstart new affordable housing projects
Community Development
Nonprofit Receives $60M in Funding for Community Development and Education
Cinnaire's $60 million award will spur projects that support education, vocational training, and job opportunities in disinvested communities
Women in Construction
Pensacola Habitat for Humanity's Women Build Marks 10th Anniversary
More than 150 female volunteers came together to participate in the 10th annual Pensacola Habitat for Humanity Women Build initiative
Affordability
MacKenzie Scott Gifts $20M to Champlain Housing Trust for Affordable Housing
Philanthropist MacKenzie Scott recently donated $20 million to the Champlain Housing Trust for the creation of affordable housing across Vermont
Build to Rent
Why the Boom in Rental Apartment Construction Isn't Helping Affordability
A rental apartment construction boom isn't enough to resolve the growing affordability crisis, especially when most of those units are high-end and aren't located where housing is most needed
Housing Markets
Florida Is Now the Second Most Valuable US Real Estate Market
Housing markets such as Florida are seeing substantial growth driven by an uptick in new construction
New-Construction Projects
St. Paul to Receive 1,000 Energy-Efficient, Affordable Housing Units
A new housing development on the site of a former golf course is bringing 1,000 affordable, energy-efficient units to St. Paul, Minn.
New-Construction Projects
How Elevated Mortgage Rates Are Affecting Housing Starts
While home builder confidence fell to a five-month low in September, persistent buyer demand could accelerate new-home construction in the months ahead
