Editor’s note: Econ Review is a roundup of the month’s housing and economic market data reports. Spring 2026 is shaping up better than previous years, leaving real estate professionals brimming with expectations for the potential of an even better summer as certain housing economy indicators continue to improve. However, lingering economic uncertainty remains, leaving some…
Sales of newly built single-family homes fell 6.2% in April to a seasonally adjusted annual rate of 622,000, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, as the 2026 housing market remains sluggish overall. The pace of new-home sales is down 11.3% from a…
Housing starts softened in April after March’s sharp increase, though year-over-year comparisons remain slightly positive as the housing market navigates shifting seasonal patterns. In the New Residential Construction report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, new housing starts were down 2.8% from March to a seasonally adjusted…
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…
Sales of new single-family houses in March were at a seasonally adjusted annual rate of 682,000, according to estimates released jointly May 5 by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). That was 7.4% above the February rate of 635,000, and 3.3% above the March 2025 rate of 660,000.…
Editor’s note: Econ Review is a roundup of the month’s housing and economic market data reports. As spring progresses, the industry is awaiting data related to how the season shaped up ahead of another potential boom in activity over the upcoming summer. Here are some highlights from the housing and economic data that hit the…
Homebuilders appear to be showing some signs of measured optimism as new construction showed significant gains against the tide of market challenges and the ongoing conflict with Iran, according to the latest data from the Department of Housing and Urban Development (HUD) and the Census Bureau. The New Residential Construction report for March (which also…
The Department of Housing and Urban Development (HUD) and the Department of Agriculture (USDA) have announced they have rescinded the mandate that all new homes be built with the 2021 International Energy Conservation Code as the minimum energy-efficient standards, or they would be ineligible for an FHA or USDA-backed mortgage loan. The Biden Administration-era policy…
While there have been some stabilizing signs in the housing market—home price appreciation has significantly slowed and inventory is showing year-over-year growth—the construction industry continues to face challenges. Beyond the supply chain and overall economic issues for builders, land prices and inventory have yet to recover from pandemic-era downfalls, according to the latest data from…
The impact of ongoing geopolitical tensions with Iran and its effect on oil and energy prices continues to weigh on the housing market, as homebuilder sentiment took a dip further into negative territory this month, according to the latest data from the National Association of Home Builders (NAHB). The NAHB/Wells Fargo Housing Market Index saw…
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