The first financial quarter of the year for most companies ended with March and as results trickle out, so far, they’re less than inspiring. Builders…
single-family
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Private Residential Spending Inches Up in May
A recent National Association of Homebuilders (NAHB) analysis of the Census Construction Spending data shows that private residential construction spending stood at a seasonally adjusted…
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Single-Family Home Sales Reflect Challenges Faced by Homebuilders
As homebuilders continue to face challenges when it comes to labor shortages, lot prices and increasing costs for materials, officials from the National Association of…
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Builders Call on Congress to Address Affordability
June is National Homeownership Month, and officials for the National Association of Home Builders (NAHB) say its members are urging Congress to address one of…
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New Home Sales Show Lowest Numbers Since 2016
Newly built single-family home sales dropped to a seasonally adjusted annual rate of 553,000 units according the U.S. Department of Housing and Urban Development and…
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Housing Production Falls 6.5 Percent in May
Declines in both single- and multifamily starts pushed nationwide housing production down 6.5 percent in May to a seasonally adjusted annual rate of just over…