Housing conditions have improved modestly in the last year, according to the latest data from the National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI), but housing affordability is still a struggle for millions of Americans. The …
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Infill and Teardown Construction Continues to Rise in New Home Building
According to an NAHB analysis of the latest Builder Practices Survey (BPS) conducted by Home Innovation Research Labs, in 2024, 6.9% of new single-family detached homes were teardowns and 20.1% were built on infill lots in older neighborhoods. While the …
Read More »New and Existing Home Price Gap Shrinks in Q1 2025
The gap between new and existing home prices is narrowing, according to the National Association of Home Builders (NAHB). “Homebuilders are committed to ensuring everyone who values homeownership has the opportunity to attain a safe, affordable home,” says NAHB chairman …
Read More »Builder Sentiment Rises as Affordability Challenges Persist
As mortgage rates are on the decline, builder sentiment rose this month even as builders continue to grapple with rising costs, according to the National Association of Home Builders (NAHB). In the newly-built single-family homes category, builder confidence is 41, …
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