Single-family home construction was boosted last month, offering small relief to markets affected by an ongoing shortage of available homes for sale. But economists say the pace of construction still isn’t fast enough to meet buyer demand. Last June saw an increase in single-family housing starts, which helped to offset a drop in multifamily production.
Home construction grows in August but it could be short lived
September 25, 2018 by
There’s good news on the construction front as builders have been stepping up their efforts to build more homes and replenish inventory-starved markets.
New housing starts are “not enough”, NAR chief economist says
March 20, 2018 by
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.
Decline in new home construction could cause “housing emergency”, says NAR economist
June 20, 2017 by
New home construction is on the decline following a strong start to 2017. The latest report from the Commerce Department shows that housing starts nationwide,
House prices gain as new home construction stalls
April 20, 2017 by
Average home prices across the U.S. picked up a notch last month, a trend that the National Association of Realtors says is linked to a decrease in new housing starts.
Big boom expected in residential construction soon
January 12, 2017 by
Builders are likely to ramp up the construction of single-family homes in the next two years, driven by a growing economy, improving unemployment rates and an increase in household formation
NAHB: The stage is set for growth in new home sector
January 22, 2016 by
The last year ended very positively for the new home market, ending up with 10.8 percent more home starts year-over-year compared to December 2014, leaving us with optimism for the year to come.
