Single-family housing starts in December were at a rate of 981,000, according to data from the US Census Bureau and Department of Housing and Urban Development. This is 4.1% above the revised November figure of 942,000. Privately-owned housing starts in December were...
Builder confidence in the market for newly built single-family homes dipped by one point to 36 in February, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Any number under 50 indicates that more builders view...
The National Association of Home Builders (NAHB) is predicting an uptick in the construction of single-family housing and a greater increase in home remodeling for the next 12 months. “While mindful of some weakening for the labor market, the economy remains in solid...
President Trump has announced that he will seek to ban institutional investors from acquiring single-family homes. In a post on Truth Social, Trump declared, “For a very long time, buying and owning a home was considered the pinnacle of the American Dream. It was the...
Single-family housing starts in August were at a rate of 890,000, according to data from the US Census Bureau and the Department of Housing and Urban Development. This marked a 7% drop from the revised July figure of 957,000. Privately-owned housing starts in August...