Ongoing low levels of single-family existing home inventory boosted single-family output in November, while overall housing production declined due to a double-digit percentage reduction...
In the first ten months of 2024, the total number of single-family permits issued year-to-date (YTD) nationally was 846,446.
On a year-over-year (YoY) basis,...
According to the U.S. Bureau of Labor Statistics' most current Producer Price Index (PPI) data, prices for inputs to new residential construction—excluding capital investment,...
Inflation rose to 2.7% in November, meeting predictions, but the last stretch to the Fed's 2% objective becomes the most difficult.
Shelter expenses continued...
Private residential construction spending grew by 1.5% in October, according to the most recent US Census Construction Spending statistics.
Year over year, the October...
In October, many potential home buyers stayed away due to steadily rising mortgage rates and continued affordability issues.
Sales of newly built single-family houses...