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Home » Keywords: » single-family housing

Items Tagged with 'single-family housing'

ARTICLES

NAHB Single-Family Housing Market.jpg

Single-Family Housing Starts Up in December Amid Affordability Challenges

January 20, 2023
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Single-family housing starts posted a double-digit percentage gain in December, but production is running well below a rate of 1 million units annually, indicating ongoing weakness in the housing market as high construction costs and elevated interest rates continue to present affordability challenges.


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NAR Pending Home Sales Down in March.jpg

Pending Home Sales Down 4% in November

January 4, 2023
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Pending home sales slid for the sixth consecutive month in November, according to the National Association of Realtors. All four U.S. regions recorded month-over-month decreases, and all four regions saw year-over-year declines in transactions.


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NAHB November Home Sales Up.jpg

New Home Sales Up in November as Interest Rates Fall Back

December 27, 2022
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While new home sales received a slight bounce in November from moderating mortgage rates, the housing market continues to struggle because of ongoing supply chain disruptions, elevated construction costs and challenging affordability conditions.


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Existing-Home Sales.jpg

Existing-Home Sales Down 7.7% in November

December 22, 2022
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Existing-home sales declined for the tenth month in a row in November, according to the National Association of Realtors. All four major U.S. regions recorded month-over-month and year-over-year declines.


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Total Construction Starts Fall 18% in November

December 21, 2022
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Total construction starts fell 18% in November to a seasonally adjusted annual rate of $926.3 billion, according to Dodge Construction Network. During the month, nonresidential building starts lost 25%, nonbuilding shed 21%, and residential starts dropped 5%.


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Multifamily Housing.jpg

Multifamily Permits Weakening, Single-Family Production Continues to Sag

December 20, 2022
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NAHB reports that multifamily units under construction is reaching a near 50-year high, and multifamily permit growth is weakening. Single-family housing starts continued to fall in November.


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NAR Pending Home Sales Down in March.jpg

Pending Home Sales Declined 4.6% in October

November 30, 2022
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Pending home sales slid for the fifth consecutive month in October, according to the National Association of Realtors. Three of four U.S. regions recorded month-over-month decreases, and all four regions recorded year-over-year declines in transactions.


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Dodge Data.jpg

Total Construction Starts Up 8% in October

November 17, 2022
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Total construction starts rose 8% in October to a seasonally adjusted annual rate of $1.12 trillion, according to Dodge Construction Network. In October, nonresidential building starts gained 9%, and nonbuilding starts rose 26%; however, residential starts fell by 3%.


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NAHB Single-Family Housing Market.jpg

Single-Family Housing Starts Dip in October

November 17, 2022
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Elevated mortgage rates, high construction costs for concrete and other building materials and weakening demand stemming from deteriorating affordability conditions continue to act as a drag on single-family housing production.


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AGC (3).jpg

Total Construction Spending Dips in August Amid Decreased New Home Purchases and Rising Interest Rates

October 5, 2022
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Total construction spending declined by 0.7 percent in August as spending on new houses turned sharply lower, while public and private nonresidential construction posted mixed results, according to an analysis of federal spending data released by the Associated General Contractors of America. 


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