Tag: economic data
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…
Lumber Prices Continue to Rise: Fifth Weekly Gain Despite Southern Pine Lag
Fast Markets reports that buyers were compelled to switch to other log species due to a lack of supplies in…
A Look at the State of Affordable Housing in the U.S.
A variety of factors contribute to the rise of unaffordable housing, according to the Pew Research Center. In 2021, interest…
Mortgage Rates Increase for the Fifth Consecutive Week
FreddieMac reports that mortgage rates will remain unpredictable due to many factors, including the jobs report and the Federal Reserve’s…
The biggest U.S. homebuilder misses on earnings as it says buyers are staying on the sidelines
According to MarketWatch, D.R. Horton, the leading U.S. homebuilder, reported fiscal fourth-quarter earnings that fell short of expectations, citing high…
Housing’s Share of GDP Falls in the Third Quarter of 2024
In the third quarter of 2024, housing’s contribution to the U.S. GDP decreased slightly to 16.2%, with residential fixed investment…
The U.S. Economy Posted Another Solid Growth in Third Quarter
The U.S. economy posted solid growth in the third quarter of 202, with real GDP expanding at an annual rate…
