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Tag Archives: housing market

Builder Confidence Drops in September

builder confidence

Higher mortgage rates, worsening labor shortages and rising material costs are weighing on builder sentiment. Builder confidence in the market for newly built single-family homes fell three points to 32 in September, according to the most recent National Association of …

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Renovation by Generation: Sponsored by Quikrete

2020 home improvement sales

Sponsored by Quikrete Homeowners of different age brackets view homebuying and renovation differently based on a number of factors like income, life stage, return on investment, ease of installation and design preferences. Take a closer look at data from the …

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3 Core Home Improvement Forecast Drivers to Watch

Home improvement drivers

A new five-year forecast from the Home Improvement Research Institute (HIRI) shows real growth expected in 2025, with modest gains projected from 2026 through 2029 as inflation slows and nominal growth improves. The professional channel will drive activity in 2025, …

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Existing Home Sales Rise in July

mortgage

Existing home sales increased 2% in July as mortgage rates retreated and home price growth slowed, according to the National Association of Realtors’ Existing Home Sales Report. Month-over-month sales increased in the Northeast, South and West, while they decreased in …

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Housing Supply Gap Reaches 4 Million in 2024

Housing supply gap

The U.S. housing market is currently facing a home shortage despite notable progress in new home construction in 2024, according to a Realtor.com analysis. The report states 1.6 million expected Gen Z and millennial households did not form last year …

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