Category: New This Week
Housing Costs Continue to Drive Inflation
Housing costs remained the primary driver of inflation in October, accounting for over 65% of the 12-month increase in the…
Single-Family Permits Higher in September 2024
Single-family permits saw a strong increase in Sept. 2024 with year-to-date totals reaching 763,990, a 10.1% rise compared to the…
Residential Mortgages Experience Unchanged Lending Conditions, Weaker Demand in Third Quarter
In the third quarter of 2024, residential mortgage lending conditions remained largely unchanged, with the exception of subprime loans, which…
Higher Mortgage Interest Rates Slow Housing Production in October
Higher mortgage interest rates continued to slow housing production in Oct. 2024, with overall housing starts falling 3.1% to a…
Growth for Single-Family Built-for-Rent Construction
Single-family built-for-rent (SFBFR) construction saw significant growth in the third quarter of 2024, with 24,000 new starts — an increase…
Gains for Townhouse Construction
According to the NAHB, over the past year, townhouse starts reached 177,000, a 20% increase from the previous year, and…
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications saw a 1.7% increase for the week ending Nov. 15, 2024, despite rising interest rates. According to the…
Building Material Prices Increase While Other Input Prices Fall
In October 2024, prices for inputs for new residential construction saw a modest 0.2% decrease, marking a continuation of fluctuations…
Almost 90% of Metro Areas Posted Home Price Increases in Third Quarter of 2024
The third quarter of 2024 saw 87% of metro areas in the U.S. experiencing increases in single-family home prices, with…
5 Ways to Maximize Your IBS 2025 Education Journey
The 2025 International Builders’ Show (IBS) in Las Vegas, scheduled for Feb. 25-27 offers over 129 education sessions, providing industry…
