High mortgage rates and economic uncertainty continued to keep potential homebuyers on the sidelines and constrain new home sales in September, according to the National Association of Home Builders. Sales of newly built single-family homes decreased 0.6% in September to …
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Single-Family Housing Starts Down in September
Single-family housing starts declined in September as builders faced higher financing and building material costs and ongoing labor shortages, according to the National Association of Home Builders. Overall housing starts decreased 5.2% in September to a seasonally adjusted annual rate …
Read More »Economic Challenges Impact July New Home Sales
Elevated borrowing costs, rising inflation and broad economic uncertainty continue to curb buyer demand and hold back new home sales, according to a recent analysis from the National Association of Home Builders (NAHB). Sales of newly built single-family homes declined …
Read More »Multifamily Growth Drives June Housing Starts
Overall housing starts rose in June driven by strong multifamily growth, while single-family production remained slow as elevated mortgage rates, rising construction costs and persistent labor shortages continued to weigh on the market, according to the NAHB. Overall housing starts …
Read More »Housing Starts Drop in May
Housing starts decreased 15.4% in May, primarily driven by a drop in multifamily construction, while single-family building also fell amid high interest rates, rising construction costs and labor shortages, according to the National Association of Home Builders. The May reading …
Read More »Housing Starts Post Solid Rebound in March as Builders Increase Production
Housing production rebounded in March as builders increased production despite ongoing economic challenges, according to the National Association of Home Builders (NAHB). Overall housing starts increased 10.8% in March to a seasonally adjusted annual rate of 1.5 million units, according …
Read More »U.S. Government Shutdown Impacts Housing and Homebuilders
The U.S. government implemented a shutdown at 12:01 a.m. on Oct. 1, 2025, after failed attempts to reach an agreement to extend government funding. Here’s how the shutdown will affect housing and homebuilders, according to the National Association of Home …
Read More »Housing Starts Decline in August Amid Affordability Challenges
Overall housing starts decreased 8.5% in August to a seasonally adjusted annual rate of 1.31 million units as affordability challenges continue, according to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The August reading of …
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