President Donald Trump’s administration this week imposed another round of trade tariffs worth some $200 billion on Chinese goods, and now homebuilders say they’re worried
Trump’s latest trade tariffs on China could drive up home prices, experts warn
Single-family home lot prices are getting more expensive
Building lots might be getting smaller, but they’re also being sold at more expensive prices, according to data from the U.S. Census Bureau’s latest Survey of Construction.
New home construction is up, but economists say it’s not enough
There was a slight uptick in new home starts last month, but experts say the increase is still not nearly close enough to keep up with demand or help to keep a lid on growing house prices. According to the Commerce Department’s latest report out last week, total housing starts for single-family and multifamily homes […]
Home construction decline means 6 million homes are “missing” from U.S. markets
The alarming shortage of housing inventory can be blamed on a downtrend in new home construction that began in the wake of the Great Recession last decade, according to a new Zillow analysis.
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.











