NAHB

Builder Data & Analysis

2023 Marks Lowest Existing Home Sales Since 1995

Existing home sales ended 2023 at a 28-year low, according to the National Association of Realtors (NAR). Declining affordability and tight inventory, further squeezed...
Jack Bjorklund -
Builder Data & Analysis

NAHB: Exurban Areas Post Largest Construction Gains Despite Housing Slowdown

According to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) for the third quarter of 2023,...
Jack Bjorklund -
Builder Data & Analysis

Single-Family Starts Flat in October Amidst Mixed Market Signals

Despite rising mortgage rates and supply chain constraints, the housing market showed resilience in October, with overall housing starts increasing by 1.9% to a...
Jack Bjorklund -
Builder Data & Analysis

Multifamily Developer Confidence Weak in Third Quarter Amid Financing Concerns

The National Association of Home Builders (NAHB) Multifamily Market Survey (MMS) revealed a decline in confidence among multifamily developers in the third quarter of...
Jack Bjorklund -
Builder Data & Analysis

Builders and Lenders: Credit is tightening

The third quarter of 2023 saw a continued tightening of credit availability for residential AD&C loans, according to both the National Association of Home...
Jack Bjorklund -
Builder Data & Analysis

Rising mortgage rates reduce housing affordability to lowest level in index history

Rising mortgage rates, higher construction costs, and limited current availability all contributed to housing affordability reaching its lowest level in more than a decade...
Jack Bjorklund -
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