Elevated interest rates for home mortgages and construction and development loans kept single-family production and demand in check during June. Overall housing starts increased 3.0% in June to a seasonally adjusted annual rate of 1.35 million units

Mortgage rates that averaged 7.06% in May per Freddie Mac, the highest monthly average since last November, put a damper on new home sales last month. Sales of newly built, single-family homes in May fell 11.3% to a 619,000 seasonally adjusted annual

Single-family and multifamily housing starts fell in May as high interest rates for construction and development loans and mortgage rates held back both housing supply and demand. Overall housing starts fell 5.5% in May to a seasonally adjusted

Nearly four out of five Americans agree that the country is in the midst of a housing affordability crisis and that officials at all levels of government are not doing enough to address this vital issue

A new quarterly Cost of Housing Index unveiled today by the National Association of Home Builders (NAHB) and Wells Fargo underscores the housing affordability crisis in America by

Mortgage rates that averaged above 7% since mid-April per Freddie Mac data acted as a drag on new home sales last month. Sales of newly built, single-family homes in April fell 4.7% to a

Single-family starts remained flat in April as interest rates moved above 7% last month and builders were dealing with tighter lending conditions. Overall housing starts increased 5.7%

With a nationwide shortage of roughly 1.5 million housing units that is making it increasingly difficult for American families to

Carl Harris, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Wichita, Kan., today issued the following statement after the Biden administration

Housing starts fell in March with interest rates somewhat higher than expected last month as the latest inflation readings failed to show improvement. Builders are also still facing higher supply-

The U.S. Department of Housing and Urban Development (HUD) issued its annual income determination for Low-Income Housing

A small rise in mortgage rates in February led to a flat reading for new home sales. Sales of newly built, single-family homes in February edged 0.3% lower to a 662,000 seasonally adjusted annual rate, according to newly released data by the U.S.

A lack of existing inventory that continues to drive buyers to new home construction, coupled with strong demand and mortgage rates below last fall’s cycle peak helped push builder sentiment above a key marker in March.

Led by larger urban metro markets, single-family growth rates are showing signs of a turnaround as moderating mortgage rates and a lack of existing inventory are contributing to a gradual

Multifamily starts are predicted to decline in 2024, according to the National Association of Home Builders (NAHB). Meanwhile, the remodeling sector remains on solid ground and will hold

Four national trade associations petitioned the White House to make improvements in its implementation of “made in America”

Mortgage rates that hit more than a 20-year high, coupled with elevated construction costs and excessive regulatory costs, left housing affordability in the fourth quarter of 2023 virtually

Falling interest rates in the closing weeks of 2023 helped to bring buyers off the sidelines and provide a boost for new home sales. Sales of newly built, single-family homes in December increased

In a sign that lower mortgage rates continue to boost the housing market, single-family production surpassed the million mark for the second straight month in December.

Single-family construction surged in November as lower mortgage rates helped to assuage affordability concerns and unleash pent-up demand for housing. Overall housing starts increased 14.8% in