Real Estate Industry and New Home News
Nonfarm payroll employment increased in 38 states and the District of Columbia in April compared to the previous month, while...
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Published on: 2024-05-17
Source:
Eye On Housing
Single-family built-for-rent construction posted year-over-year gains as of the first quarter of 2024, as builders sought to add additional rental...
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Published on: 2024-05-17
Source:
Eye On Housing
Year-over-year gains for townhouse construction continued at the start of 2024 as demand for medium-density housing continues to be strong....
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Published on: 2024-05-16
Source:
Eye On Housing
Both overall and core inflation eased slightly in April amid higher costs for gasoline and shelter. On a year-over-year (YOY)...
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Published on: 2024-05-15
Source:
Eye On Housing
According to NAHB analysis of quarterly Census data, the count of multifamily, for-rent housing starts declined significantly during the first...
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Published on: 2024-05-15
Source:
Eye On Housing
Inputs to residential construction, goods less food and energy, increased for the sixth consecutive month, according to the most recent...
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Published on: 2024-05-14
Source:
Eye On Housing
Over the first three months of 2024, the total number of single-family permits issued year-to-date (YTD) nationwide reached 241,311. On...
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Published on: 2024-05-14
Source:
Eye On Housing
As described in a previous post, NAHB recently released its 2024 Priced-Out Estimates showing 103.5 million households are not able...
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Published on: 2024-05-13
Source:
Eye On Housing
High mortgage rates and double-digit growth in home prices since COVID-19 have brought housing affordability to its lowest level in...
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Published on: 2024-05-13
Source:
Eye On Housing
During the first quarter of 2024, credit for residential Land Acquisition, Development & Construction (AD&C) tightened slightly and remained costly,...
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Published on: 2024-05-10
Source:
Eye On Housing
Every quarter, the National Association of Home Builders (NAHB) conducts a survey of multifamily builders/developers and property managers. The first...
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Published on: 2024-05-10
Source:
Eye On Housing
Per the Mortgage Bankers Association’s (MBA) survey through the week ending May 3rd, total mortgage activity increased 2.6% from the...
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Published on: 2024-05-08
Source:
Eye On Housing
According to the latest press release from Freddie Mac, the average rate on a 30-year fixed-rate mortgage has now risen...
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Published on: 2024-05-08
Source:
Eye On Housing
According to the Federal Reserve Board’s April 2024 Senior Loan Officer Opinion Survey (SLOOS), lending standards loosened further for all commercial real...
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Published on: 2024-05-07
Source:
Eye On Housing
In March, residential building workers’ wages continued to grow but at a relatively slower pace. After an acceleration of a...
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Published on: 2024-05-06
Source:
Eye On Housing
NAHB’s latest study on consumer preferences—What Home Buyers Really Want Study*— asked about the features and amenities buyers want in...
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Published on: 2024-05-06
Source:
Eye On Housing
Job growth slowed in April, and the unemployment rate increased to 3.9%, suggesting a cooling labor market after a strong...
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Published on: 2024-05-03
Source:
Eye On Housing
Reflecting persistent long-term labor challenges, wages in construction continue to rise, often outpacing and exceeding typical earnings in other industries....
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Published on: 2024-05-02
Source:
Eye On Housing
The Federal Reserve’s monetary policy committee held constant the federal funds rate constant at a top target of 5.5% at...
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Published on: 2024-05-01
Source:
Eye On Housing
NAHB analysis of Census data shows that private residential construction spending was down 0.7% in March, after increasing 0.7% in...
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Published on: 2024-05-01
Source:
Eye On Housing
Due to tightened monetary policy, the count of total job openings for the entire economy has trended lower over the...
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Published on: 2024-05-01
Source:
Eye On Housing