A Near Record Number of Housing Units Are Under Construction, but They’re Taking Longer to Complete
Single-family housing starts are rising, but supply-chain delays are pushing back completions
Household Formation Continues to Outpace Single-Family Production
The U.S. housing market needs to add approximately 6.5 million single-family homes to keep up with the breakneck pace of household formation
Where Are Single-Family Housing Starts Falling the Fastest?
As a growing number of Americans move away from large metro areas in search of more space and greater housing affordability, single-family housing starts are slowing in the nation's densest counties
New-Home Sales Gain Steam as Inventory Rises From Record Lows
Housing supply is inching higher after reaching a record low during the COVID-19 pandemic, and that inventory boost, paired with a slight drop in mortgage rates, is motivating buyers to jump back into the for-sale market
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New-Construction Projects
Single-Family Housing Starts Slowed in January, but Builder Sentiment Remains High
Single-family production recorded a slow start to 2023, but home builders are optimistic about improved market conditions later in the year
Single-Family Homes
Single-Family Permits Fell Sharply Throughout 2022
Single-family building permits decreased in all four regions in November 2022, but multifamily permitting closed out the year with strong gains
New-Construction Projects
As Builders Struggled to Find Lots, 9 Percent of All New Homes in 2021 Were Teardowns
An elevated share of new homes completed in 2021 involved a structure that had to be torn down and rebuilt
New-Construction Projects
A Record Number of Housing Units Were Under Construction in November
Single-family housing starts are declining, but a sharp rise in multifamily construction sent the total share of new housing starts to a record high in November
New-Construction Projects
As Homebuyer Demand Wanes, Single-Family Construction Is Slowing
After a period of speedy development in high density markets, single-family construction is slowing nationwide
Build to Rent
Despite Slow Growth in Q3 2022, the Single-Family Built-For-Rent Market Is Expanding
Single-family built-for-rent (SFBFR) construction tapered off in Q3 2022 after an exceptionally strong second quarter, but the market segment is steadily growing
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
Single-Family Homes
Single-Family Square Footage Is Falling as Housing Affordability Concerns Mount
As housing prices surge, builders are delivering smaller and more affordable homes to a cost-conscious buyer pool
New-Construction Projects
Single-Family Housing Starts Dropped to Two-Year Low in September
Home builders slowed their pace of new construction in September as higher interest rates continued to price out a growing share of would-be buyers
New-Construction Projects
Fed Economist Forecasts Uptick in Single-Family Construction
The housing market may be slowing, but senior economist Jordan Rappaport predicts an upcoming surge in single-family home building
