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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 -
Builder Data & Analysis

May Sees Housing Starts Retreat Amidst High Borrowing Costs

Single-family and multifamily housing starts declined in May, as high interest rates on construction and development loans, as well as rising mortgage rates, slowed...
Jack Bjorklund -
Builder Data & Analysis

High Mortgage Rates Cool Builder Confidence

Mortgage rates remain in the 7% level, and rising construction financing costs continue to dampen builder optimism. Builder confidence in the market for newly built...
Jack Bjorklund -
Builder Data & Analysis

Private Residential Construction Spending Rising in April

After declining 0.4% in March, private residential building spending increased 0.1% in April, according to a post from National Association of Home Builders (NAHB)....
Jack Bjorklund -
Industry News

Truckee-Tahoe Lumber Co. adds NVO Construction

Truckee-Tahoe Lumber Co. & Design Center's president and CEO, Andrew Cross, announced the company's expansion into structural building components with the acquisition of the...
Phil Garcia -
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