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
Design
A Texas Empty Nester Home and Studio With Room for Family, Too
A renowned residential designer takes on the task of creating his next home, and the result is both beautiful and functional
Building Technology
Tampa Startup Introduces First 3D-Printed Home to the Bay Area
Tampa-based Click, Print, Home recently unveiled its first 3D-printed residential project in the Tampa Bay area
Home Design
The Share of New Homes With a Two-Story Foyer Declined in 2021
The trend of the two-story foyer is on the decline as builders and homebuyers seek out more efficient ways to save space in new-construction projects
NAHB
The New American Home 2023 Overcomes Product Delays, Aims to Wow Visitors
Despite product and labor availability challenges, the official exhibit home of the NAHB International Builders’ Show is sure to impress and inspire
Townhomes
Townhouse Construction Market Posts Strong Q3 Gains
The market share for townhouse construction is on the rise, and more strong gains are expected as prospective first-time buyers seek out medium-density residential neighborhoods
New-Construction Projects
Higher Mortgage Rates Are Taking a Toll on New Construction
Housing starts are falling as elevated interest rates chip away at buyer demand
Financing
Builders and Developers Report Worsening Credit Conditions in Q3 2022
Credit on loans for Acquisition, Development & Construction (AD&C) was less available and more expensive in the third quarter of the year
Builders
Builders Dish Out Discounts as Buyer Demand Dries Up
Soaring mortgage rates are causing a major slowdown in home sales, and as a result, builder confidence is at its lowest level in 10 years
New-Construction Projects
Over a Quarter of All Homes for Sale in Q3 Were New Construction
New construction accounted for 29% of all single-family homes for sale in the third quarter of 2022, the highest share in nearly a decade and a half
Builders
As Cancellations Rise, Home Builder Confidence Is Falling
Surging mortgage rates and record high home prices are pushing prospective buyers to the sidelines, and a slowdown in demand is forcing builders to make concessions