Housing starts saw a double-digit decrease in February thanks to a spate of winter storms nationwide.
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The pace of new home construction slowed in January as builders lagged on putting up single-family homes. The pace of building permits, however, was the highest since 2006.
The post New-Home Construction Falls as Builders Struggle With Freezing Temperatures, Rising COVID-19 Cases appeared first on Real Estate News & Insights | realtor.com®.
Growth in the single-family sector drove the rise in both housing starts and building permits in December.
The post New-Home Construction Activity Soars to Highest Level in Over a Decade, as Builders Rush To Produce Single-Family Homes appeared first on Real Estate News & Insights | realtor.com®.
Americans may be relocating to the suburbs, but builders are betting that people will still be interested in living in apartments and condos.
The post New-Home Construction Charges On, as Builders Shift Focus to Multifamily Projects appeared first on Real Estate News & Insights | realtor.com®.
Americans are looking to buy homes in the suburbs, but construction firms can’t keep pace with demand.
The post New-Home Construction Surges to Post-Great Recession High in October, Driven by Rise in Single-Family Starts appeared first on Real Estate News & Insights | realtor.com®.
While single-family housing starts have improved, the multifamily sector is struggling, the latest report from the U.S. Census Bureau shows.
The post New-Home Construction Rises Modestly in September, Driven by a Northeast Building Boom appeared first on Real Estate News & Insights | realtor.com®.
Multifamily starts fell 25% between July and August, reflecting the volatility in that sector of the housing market.
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