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The numbers: Construction of new U.S. homes fell 11.3% in August — falling short of Wall Street expectations — as builders scaled back new projects to focus on…
Read more U.S. housing starts drop to lowest level since June 2020The numbers: Construction on new American homes jumped 21.7% in May, as homebuilders ramp up building single-family homes to meet strong demand from buyers. Housing starts rose to…
Read more U.S. housing starts surge as builders rev up single-family home construction in May, while a housing shortage drags onThe numbers: For the first time in nearly a year, home builders are upbeat about the housing market outlook. The shortage of previously-owned sales is helping to buoy…
Read more Home builders turn bullish for the first time in nearly a year amid strong housing demand“When I say reset, I’m not looking at a particular specific set of data. What I’m really saying is that we’ve had a time of a red-hot housing…
Read more The Fed’s ongoing housing market ‘reset’ sees buyer cancellation rate at one of the nation’s largest homebuilders spike to 68%The numbers: The National Association of Home Builders’ monthly confidence index fell two points to 31 in December, the trade group said on Monday. It’s the 12th month…
Read more Builder sentiment fell every single month in 2022. Builders say there’s a silver lining.The numbers: The National Association of Home Builders’ (NAHB) monthly confidence fell 8 points to 38 in October, the trade group said on Tuesday. It’s the tenth month…
Read more Home builders sentiment index falls for record tenth month in a row in October. Home builders say the ‘situation is unhealthy and unsustainable.’
