Housing construction took a definite hit in May as inflation reached new peaks and affordability remains challenged, as seen in recent data from the U.S. Department of Housing and Urban Development and the Census Bureau. The latest New Residential Construction report saw housing starts clock in at a rate of 1,177,000 in May, down a…
As some sales activity picked up toward the end of the spring season, with housing starts seeing an unexpected boost, the latest data from the National Association of Home Builders (NAHB) observed a slight pickup in homebuilder confidence. However, as market and economic challenges persist, builders still remain overwhelmingly cautious about their businesses. The May…
While confidence among homebuilders remains overall negative, there was a slight uptick in positivity in March as some market conditions observed slight improvement, according to the latest data from the National Association of Home Builders (NAHB). However, the future ahead remains unclear. The NAHB/Wells Fargo Housing Market Index (HMI) for March saw builder confidence rise…
Continuing challenges to affordability—namely higher construction and financing costs—once again kept builder confidence in the negative territory, according to the latest data from the National Association of Home Builders (NAHB). The latest NAHB/Wells Fargo Housing Market Index (HMI) saw builder confidence slip one point to 36 in February, following the two-point fall seen in January…
While 2025 overall was markedly disappointing for homebuilders, large jumps in new construction at the end of the year seem to outline a brighter future for 2026, one that builders are looking to approach with caution. A delayed New Residential Construction report from the Census Bureau found that housing starts in December came in at…