The National Association of Realtors says it’s optimistic the dwindling home sales that have plagued the real estate market this year could be about to reverse course in the coming months.
Lumber prices, labor shortages and growing regulations hold back construction
June 27, 2018 by
A staggering 90 percent of home builders say the affordability of new properties is being hampered by rising lumber prices.
A lack of workers means builders can’t keep up with new home demand
April 23, 2018 by
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
April 18, 2018 by
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,
Manufactured homes: The answer to America’s affordable housing shortage?
March 7, 2018 by
Manufactured homes seems to be getting serious consideration as a solution to the U.S.’s growing affordable housing shortage, if recent news reports are anything to go by.
Granny flats on the rise as cities battle against inventory shortage
January 18, 2018 by
So-called “granny flats”, which generally means specialized housing units for older in-laws, are seeing their popularity surge in a number of housing-starved areas across the country, according to media reports.
As space dries up on land, Hong Kong looks to build infrastructure underground
November 27, 2017 by
As Hong Kong faces up to the reality of its acute land shortage, city officials are looking to solve the territory’s housing problem with a truly novel idea – they’re looking at building some public facilities underground
NAR’s Yun: Inventory shortages mean there are no cheap homes left on the market
August 25, 2017 by
Last July saw an unexpected slump in the number of home sales, and experts say it could be a sign that the market has just become too expensive for “normal” buyers.
Construction labor shortage adds to builder’s woes
August 16, 2017 by
Inventories of available homes for sale recently hit a new, twenty-year low, and building companies have admitted that they’re hard-pressed to meet new demand from buyers thanks to the rising costs of construction materials such as lumber.
Baby Boomers blamed for housing inventory shortage in new survey
August 14, 2017 by
The inventory of homes for sale has fallen to its lowest level in almost twenty years, and now a new survey from Realtor.com suggests is placing the blame for this on baby boomers and homeowners that just don’t want to sell.
