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October Private Residential Construction Spending Rises

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...

Higher Rates Lower October New Home Sales

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...

NAR: October Existing Home Sales Rebound

Existing home sales returned from a 14-year low in October, posting the first yearly increase in more than three years, as buyers took advantage...

Townhouse Construction Gains Momentum

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

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