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HBGI: Single-family construction grows in Q4 2024

According to the most recent National Association of Home Builders Home Building Geography Index (HBGI), the persistent scarcity of existing homes for sale has...
Jack Bjorklund -
Builder Data & Analysis

Private Residential Construction Spending Falls in January

In January, private residential construction spending fell by 0.4%, owing primarily to a reduction in multifamily construction and home renovation investment. This dip came...
Jack Bjorklund -
Builder Data & Analysis

Absorption Rates Dive as Multifamily Completions Hit Record Highs

According to the Census Bureau's most recent Survey of Market Absorption of New Multifamily Units (SOMA), the percentage of new apartment units absorbed within...
Jack Bjorklund -
Builder Data & Analysis

Bigger Apartments: Multifamily Unit Size Sees Notable Growth

According to NAHB's study of quarterly Census data, the number of multifamily for-rent housing starts fell in the fourth quarter of 2024. In the...
Chris Gordon -
Builder Data & Analysis

NAHB: 2024 Townhouse Construction Grows

Townhouse construction increased 10% in 2024, surpassing the rest of the single-family home building market. According to NAHB's analysis of the most recent Census data...
Jack Bjorklund -
Builder Data & Analysis

Build-for-rent single-family home construction fall back

Single-family built-for-rent construction fell year on year in the fourth quarter of 2024, as rising finance costs limited building activity. This slowdown is comparable...
Jack Bjorklund -
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