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
Good News for First-Time Buyers—Home Builders Increase Entry-Level Production
For years, first-time buyers have struggled to afford home purchases in a high cost market with an undersupply of entry-level homes, but as construction costs rise, that could soon change
Land Planning
North Carolina Habitat for Humanity Buys 100 Acres of Land for Workforce Housing
The Sandhills, NC, office recently bought 100 acres of land to build workforce housing for hundreds of families
Affordability
Newark Volunteers Team Up for Local Habitat for Humanity Project
A group of 150 volunteers came together last week to built interior walls for affordable housing units currently under construction in Wilmington, Del.
New-Construction Projects
Work Begins on $33M Affordable Housing Project in Downtown Lansing
More than 100 much-needed affordable housing units will be completed in downtown Lansing, Mich., by the spring of 2024
New-Construction Projects
Lowe’s Donates $2M to Build Housing for Veterans and First Responders
Lowe's is joining forces with Building Homes for Heroes to provide as many as 112 homes for veterans, police officers, and first responders
Off-Site Construction
America at Home Study Announces Plan to Build Two New Concept Homes
The homes are designed to address current consumer insights and preferences and will use off-site construction methods
New-Construction Projects
Residential Construction Starts Are Losing Momentum in 2023
New-construction starts posted a gradual increase in March, but the residential sector is still seeing sluggish progress months into 2023
New-Construction Projects
What Are the Biggest Barriers to Affordable Housing Development?
These macroeconomic trends are stalling the creation of much-needed affordable housing units across the U.S.
Off-Site Construction
A Case (Study) for Off-Site Construction in Home Building
California builder Hallmark Communities and prefab panel manufacturer Agorus team up to assemble six attached townhomes in three days
Affordability
Fifty New Affordable Housing Units for Seniors May Be Added in Denver
The new four-story building of affordable units would help Denver seniors who face an increased risk of losing their homes due to rising costs and inflation
