Eyes on Housing
MARCH 9, 2023
The NAHB recently published its latest Cost of Construction Survey. of the average home sale price consisted of construction costs, essentially unchanged from the 61.1% Results show that 60.8% posted in 2019.
Housing Wire
JANUARY 8, 2021
Due to massive losses in the servicing sector outnumbering professional and construction job gains, the raw number of nonfarm payroll employment fell by 140,000 – the first decline since April of last year. More workers in the sector should support the faster pace of housing construction the market needs,” Fratantoni said.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
FEBRUARY 29, 2024
Bureau of Labor Statistics from 2013 to 2023. Fewer homes under construction and falling permits mean dwindling options for future buyers, adding more pressure to a market already strained by tight supply,” Point2 said. Theoretically, new construction should be bolstered by the acute shortage of housing on the market,” Point2 said.
Housing Wire
JULY 26, 2022
This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. We talked about this in March , and even last year, when I wrote about the problem with the housing construction boom premise. “I don’t expect a boom in housing construction.
Housing Wire
NOVEMBER 16, 2023
FHA applications reached highest share of new-home applications since 2013 In October, FHA applications represented 26.3% of all new-home purchase applications as homebuyers turned to new construction for more housing options. This is the highest share of FHA new-home purchase applications in a decade. Conventional loans made up 63.6%
Housing Wire
OCTOBER 20, 2020
In contrast, multifamily starts fell 16.4%, to one of the slowest monthly paces since 2013, not including this past April.” . “The former rose 8.5% over the month to 1.1 million annualized units, a level not seen since 2007. from a year ago.
Housing Wire
MARCH 23, 2021
to a seasonally adjusted annual rate of 775,000 in February — the sharpest month-over-month decline since 2013, according to estimates by the U.S. The home can be in any stage of construction: not yet started, under construction or completed. Census Bureau and the Department of Housing and Urban Development.
Expert insights. Personalized for you.
190 
Let's personalize your content