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Builder Confidence Inches Up

Builder Confidence Inches Up

by Phil Hall | Jan 16, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder sentiment began 2025 with a mild upswing, despite concerns over how building material tariffs and costs and a larger government deficit could impact inflation and mortgage rates. Builder confidence in the market for newly built single-family homes was 47 in...
New Single-Family Home Sales Up in November

New Single-Family Home Sales Up in November

by Phil Hall | Dec 23, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in November were at a seasonally adjusted annual rate of 664,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. This is 5.9% above the revised October rate of 627,000 and...
Builder Confidence Holds Steady

Builder Confidence Holds Steady

by Phil Hall | Dec 17, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes held steady this month, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The latest HMI reading of 46 was unchanged from November; any number over...
Housing Starts Dropped in October

Housing Starts Dropped in October

by Phil Hall | Nov 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts during October were at a rate of 970,000, according to data from the US Census Bureau and the Department of Housing and Urban Development. This represents a 6.9% decline from the September figure of 1.04 million. Privately-owned housing...
Q3 Multifamily Property Developer Sentiment is Mixed

Q3 Multifamily Property Developer Sentiment is Mixed

by Phil Hall | Nov 8, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Multifamily property developers viewed the third quarter with mixed feelings according to the latest Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The first is the Multifamily...
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