How Lumber Tariffs Affect New Construction



The tariffs on imported Canadian softwoods averages 20.83% but that is only part of the story about the impact and price increases to new housing.

Lumber prices, labor shortages and growing regulations hold back construction



A staggering 90 percent of home builders say the affordability of new properties is being hampered by rising lumber prices.

New home prices fall, but good luck finding one!



Buyers who’re seeking a brand new home are benefiting from lower prices on newly constructed properties, according to a report by Realtor.com.

Developers are building more rental homes, NAHB says



The National Association of Home Builders says a rising number of single-family homes are being constructed for the rental market, according to its chief economist Robert Dietz.

What is the State of New Home Construction



According to the National Association of Home builders (NAHB) Construction Cost Survey, the average square footage of a new single-family home in 2017 was 2,777 square feet.

A lack of workers means builders can’t keep up with new home demand



Builders have addressed their inability to keep up with demand for new homes, saying there simply aren’t enough workers to build them.

Report: U.S. homebuilders have failed to keep up with population growth



Population growth has been outpacing that of housing construction in the U.S. for more than a decade. That’s according to the findings of a new report from the Up for Growth National Coalition, a group of real estate developers, owners,

More home builders are targeting millennials



With millennials entering the housing market in growing numbers, they’re expected to take the lead when it comes to new home buyers too, according to Census Bureau data analyzed by the National Association of Home Builders. Currently, around 36 percent of millennials are homeowners, which means they’re making the fastest gains of all age groups, […]

New housing starts are “not enough”, NAR chief economist says



Housing starts for single-family and multifamily homes fell by almost 7 percent month-over-month, to a seasonally adjusted rate of 1.24 million units.

Housing density concerns rise as developers look to relieve inventory shortage



Some of the U.S.’s biggest metro areas have a shortfall in the number of available, affordable homes. With cities struggling to keep up with demand, some developers are planning to get around it by razing larger, single-family homes in order to build smaller properties, closer together. However, some city residents are unhappy with the idea, […]

Sign up Now and get our guide on Video Marketing for Real Estate Professionals for Free

Sign up to the Realty Biz News mailing list to get updates from our site and also get our guide to Video Marketing for Real Estate professionals for free