NAHB

Townhouse Construction Growth Continue

Year-over-year improvements in townhouse construction continued in the second quarter of 2024, as demand for medium-density housing remained strong despite a slowdown in other...

Builder Confidence Falls as Market Expects Rate Cuts

A lack of affordability, as well as buyer reluctance due to high interest rates and housing prices, contributed to a drop in builder sentiment...

NAHB: Building Material Price Growth Tracking Close to 2023

Residential construction inputs, excluding food and energy, fell 0.04% in July, according to the most recent Producer Price Index (PPI) report published by the...

Construction Job Openings Slowdown

According to the Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS), the number of open construction sector jobs decreased in June...

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...

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...

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