The housing affordability gap narrows as new home prices become competitive with existing properties, especially in South and West where inventory increased, a new report found.
Homebuilding has slowed as Americans face economic uncertainty and high mortgage rates. Here, construction workers install a lumber roof on a new home last month in Laveen, Ariz. Ross D. Franklin ...
US home building increased in July, rising 3.9% from June, as low inventory in the existing home market continued to boost interest in new homes. Housing starts, a measure of new-home construction, ...
America is in the middle of a housing crisis. There are only 1.08 million existing homes on the market, and the affordability of a single-family home is at its lowest level in several decades. One bid ...
To determine the locations building the most homes, researchers at Construction Coverage analyzed data from the U.S. Census Bureau’s 2024 Building Permit Survey, U.S. Census Bureau’s 2024 Population ...
New US residential construction declined in May to the slowest pace since the onset of the pandemic as an elevated inventory of homes for sale and high mortgage rates sapped the motivation to build.