Builder Data & Analysis

Builder Data & Analysis

Single-Family Slips, Multifamily Surges in June

Increased interest rates on home mortgages and construction and development loans slowed single-family production and demand in June. Housing starts jumped 3.0% in June to...
Jack Bjorklund -
Builder Data & Analysis

Builder Confidence Drops to Lowest Level in 7 Months as Rates Bite

Mortgage rates averaged 6.92% in June, according to Freddie Mac, and high rates for construction and development loans continue to dampen builder optimism. Builder confidence...
Jack Bjorklund -
Builder Data & Analysis

NAHB: Lot Values Are On The Rise

According to National Association of Home Builders (NAHB)'s research of Census Bureau Survey of Construction (SOC) data, lot values for single-family detached spec homes...
Jack Bjorklund -
ABC

ABC: Construction Backlog Up Slightly in June

According to an Associated Builders and Contractors (ABC) member survey performed between June 20 and July 3, the Construction Backlog Indicator climbed to 8.4...
Jack Bjorklund -
Builder Data & Analysis

MBA: Increased Mortgage Activity in June

From May to June, the Market Composite Index, a measure of mortgage loan application volume derived from the Mortgage Bankers Association's (MBA) weekly survey,...
Jack Bjorklund -
Builder Data & Analysis

Existing Home Sales Drop Despite Record High Prices

Existing house sales decreased for the third consecutive month in May, owing to persistently high mortgage rates and record-high prices, according to the National...
Jack Bjorklund -
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