Editor’s note: This is part one of a two-part story on builder incentives. Part two will focus on what agents and brokers think about incentives, and how they guide buyers. These may be uncomfortable days for many buyers, with mortgage rates in the mid-7s and threatening to go higher if the Fed raises interest rates.…
Remodeling continues to hold its own as a “stable” segment of housing construction, despite continued challenges for the industry, according to the latest data from the National Association of Home Builders (NAHB). NAHB’s Remodeling Market Index (RMI) for Q3 saw a reading of 62, up one point from Q2 and remaining above the 50-point breakeven…
Editor’s note: Econ Review is a roundup of the housing and economic market data reports released during the month. Typically, the real estate industry enters a slower period as the end of the year approaches. The cold seasons bring a deceleration in sales and other activity, and September ushers in the transition period between the…
In a construction industry already facing numerous challenges, the National Association of Home Builders (NAHB) has released a critical statement on the current federal immigration crackdown due to its reportedly negative effect on the industry’s labor force. Off the bat, NAHB noted members of the trade organization have reported that “increased immigration enforcement and jobsite…
Elevated construction costs and global issues affecting trade have pushed the housing market to new lows as of late. But the latest data from the Department of Housing and Urban Development (HUD) and the Census Bureau show that 2026 may not end on a disappointing note—at least in one sector. For August, sales of new…
The post New-Home Sales Slowly Rise; Midwest Grows Nearly 85% appeared first on RISMedia.
U.S. housing starts dipped in August, though single-family construction was up, while building permits and completions both declined, according to the U.S. Census Bureau and Department of Housing and Urban Development in its latest report on residential construction. Privately owned housing units authorized by building permits in August were at a seasonally adjusted annual rate…
Editor’s note: Econ Review is a roundup of the housing and economic market data reports released during the month. Summer 2026 did not pick up speed as the industry had originally hoped when the year began, largely due to elevated inflation from the Iran war. However, some positive signs for the housing market might still…
The post Econ Review: A Look at August’s Key Market Data appeared first on RISMedia.
Multifamily construction remains on the rise in the face of headwinds in the single-family construction market, according to the latest data from the National Association of Home Builders (NAHB). The NAHB Home Building Geography Index saw multifamily construction grow in six of the seven geographic categories in Q2. Some of the largest growth was in…
The new home market continues to face adversity due to economic challenges, as the latest data from the Department of Housing and Urban Development (HUD) and the Census Bureau saw sales reach a new low for 2026. New-home sales in July clocked in at a rate of 607,000, down 10.5% from June’s upwardly revised rate…
CoStar Group announced the completion of its $800 million acquisition of Zonda—a provider of new home construction data, homebuilder software and residential real estate marketplaces. The deal was first announced back in May. CoStar stated in a release that this acquisition expands the company’s presence across the residential real estate ecosystem, extending the company’s data,…
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