Single‐family housing starts in March were at a rate of 1.02 million, according to new data from the U.S. Census Bureau and Department of Housing and Urban Development. This is 12.4% below the revised February figure of 1.16 million. Privately‐owned housing starts in...
Builder sentiment was unchanged from March to April, with the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI) staying at 51 – the first static reading after four months of index gains. The HMI index charting current sales...
Builder confidence in the market for newly built single-family homes climbed three points to 51 in March, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI). This is the highest level since July 2023, as...
A Phil Hall Op-Ed: Housing affordability – or, perhaps more accurately, the lack thereof – has quietly become a major issue in this year’s presidential election. I am using the word “quietly” because for too long the subject has not been talked about by the White...
For the first time since he took office, President Biden openly confronted the challenges facing the U.S. housing industry and offered several proposals aimed at homeownership and rental housing. A Last-Minute Acknowledgment Housing market issues were conspicuously...