There currently isn’t a big demand for new homes, but Wall Street Journal blogger Eric Morath found that new-home prices are surging.
Data from the Commerce Department shows that in October, the median price for a new home sold in the U.S. rose 15 percent from a year earlier to $305,000, the highest level on record. Morath argues that this price increase is what hurt new-home sales when the low interest rates and an improving labor market should be supporting sales.
Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness
NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs
Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year
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