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Amid housing slowdown, new construction grew most in exurban areas in Q3
December 6, 2023
Mariel Alumit
Housing Wire
Comments Off on Amid housing slowdown, new construction grew most in exurban areas in Q3
In the third quarter of 2023, single-family and multifamily home construction grew in outlying areas instead of urban centers. That’s according to the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI). Released […]
Housing Starts Rebound, Builders Aim to Win Buyers Back
September 21, 2022
Allen Santos
Daily Real-estate News
Comments Off on Housing Starts Rebound, Builders Aim to Win Buyers Back
Even as demand for new homes fizzles–about a quarter of homebuilders are reducing their prices to attract more buyers as foot traffic falls–single-family construction jumped 3.4% in August, the Commerce Department reported Tuesday. Economists are […]
US housing in 2023 won’t be a buyer’s market or a seller’s market
December 27, 2022
Mariel Alumit
Weely Real Estate News
Comments Off on US housing in 2023 won’t be a buyer’s market or a seller’s market
Source: Quartz — The Federal Reserve hammered both sides of the housing market in 2022. Rising mortgage rates kept home purchases out of reach for many, while higher building costs made it difficult for sellers […]