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
New-Construction Projects
Youth Aging Out of Foster Care to Receive Affordable Housing
Two development teams are vying to build affordable housing in Madison, Wis., that includes units set aside for youth aging out of the foster care system
New-Home Sales
Amid Historically Low Existing-Home Inventories, Homebuyers Look Elsewhere
As existing housing inventory dwindles amidst a widespread affordability crisis, new construction makes up nearly half of all single-family homes in the for-sale market
Single-Family Homes
US Markets With the Biggest Increases in Single-Family Construction
It turns out that new single-family construction is concentrated in areas with the highest population densities and lowest homeownership rates
Builders
A Lack of Housing Inventory Spells Opportunity for Home Builders
Home builders are exceeding 2023 expectations as a growing number of buyers turn to new construction rather than competing for the meager supply of existing homes
Single-Family Homes
Large Metro Markets Report Single-Family Construction Slowdown
Single-family construction is decelerating across the U.S., with major metro markets seeing the largest declines
New-Construction Projects
Softball Team Joins Forces With Habitat for Humanity for Women’s Equality Day
The Florida Gulf Coast University softball team participated in a wall-raising event hosted by Habitat for Humanity on Women's Equality Day
New-Home Sales
What's in Store for Home Builders in the Fall?
A recent uptick in new-home sales signals a strong fall market for home builders
Trade Contractors
Contractors Report Increased Confidence in Q3 2023
Contractor confidence is increasing amid an uptick in new building projects stemming from steady demand paired with rising home equity wealth
New-Home Sales
New-Home Sales Rose Sharply in July
Prospective buyers are turning to new construction amid a widening supply shortage in the market for existing homes
New-Construction Projects
84 Lumber Partners With Luxury Resort to Build Resort Associate Community
With the help of 84 Lumber, Nemacolin resort in Pennsylvania is constructing a one-of-a-kind residential community for its full-time associates
