The US Departments of Agriculture (USDA) and Housing and Urban Development (HUD) announced a new six-month delay in the implementation of a mandatory energy code policy for developers of single-family and multifamily housing. The Biden-era policy was published on...
Builder confidence in the new multifamily housing market increased year-over-year in the third quarter, according to the Multifamily Market Survey released by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily...
There was a new rush of optimism in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which found builder confidence at a 37 level, up five points from September and the highest reading since April. Readings over 50...
Sales of new single-family houses in August were at a seasonally adjusted annual rate of 800,000, a 20.5% surge from the July rate of 664,000 and a 15.4% rise above the August 2024 rate of 693,000. According to estimates released by the US Census Bureau and the...
Builder sentiment levels remained unchanged in September, according to the latest the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) data report. Builder confidence in the market for newly built single-family homes was 32 in...