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
Affordability
OMA Begins Construction on Its First 100% Affordable Housing Project in the US
The Office for Metropolitan Architecture (OMA) has broken ground on its first 100% affordable housing development located in San Francisco's Haight Ashbury neighborhood
Community Development
Habitat for Humanity of McKinney, Texas, Completes Its 100th Home
Construction is underway for Collin County Habitat for Humanity's 100th affordable housing project
Modular Homes
As Housing Affordability Deteriorates, Demand for Modular Construction Rises
Modular construction offers a cost-effective, timely solution to a housing crisis marked by inventory shortages and affordability woes
Market Data + Trends
Home Builders Alone Can’t Resolve the Nation’s Housing Crisis
The U.S. faces a widening housing shortage that's also affecting affordability, but high inflation and restrictive density regulations are making it hard for builders to increase housing supply
Education + Training
Two Student-Built Homes Headed for Auction in Utah
Bridgerland Technical College students, as well as local high school students, constructed two single-family homes over the course of the 2022-2023 school year. The homes will soon to be auctioned off
New-Construction Projects
Former Destiny’s Child Members Donate $8 Million for Houston Housing Project
Houston natives Beyoncé Knowles and Kelly Rowland are donating more than $8 million for the creation of a 31-unit affordable housing complex
New-Construction Projects
US Construction Spending Accelerates as Housing Starts Rise
U.S. construction spending exceeded expectations in May amid rising demand in the new-home market
Community Development
Country Music Star Teams Up With Cornerstone Building Brands for ‘Home for Good’ Project
Musician Tyler Hubbard is working hand-in-hand with Cornerstone Building Brands on affordable housing projects as the company's Home for Good project ambassador
Community Development
Lowe's Partners With National Nonprofit to Revitalize Neighborhoods Across US
Lowe's is supporting critical home repairs in underserved communities via a two-year partnership extension with national nonprofit Rebuilding Together
Women in Construction
All-Women Construction Crew Breaks Ground on Georgia Home
A 'Women's Build' project in Houston County, Ga., is bringing together local women in the industry and inspiring others to join the skilled trades
