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.
Aligning with recent data on faltering consumer sentiment and frustrations over elevated inflation, homebuilder sentiment fell in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report on Sept. 16. “The HMI shows builder confidence at its lowest level since September 2025, as tight lending conditions and elevated land, labor and…
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…
Higher mortgage rates, rising construction costs and economic uncertainty pressured housing affordability to reverse course in Q2, after showing improvement in the prior three quarters, according to the latest data from the National Association of Home Builders (NAHB). The NAHB/Wells Fargo Cost of Housing Index (CHI) for Q2 found that a family earning the nation’s…
Builder sentiment remains muted from economic and geopolitical uncertainty, elevated mortgage rates and rising construction costs, with the latest data and analysis from homebuilders painting an overall still-muddled picture of near-term housing demand and affordability. Builder confidence in the market for newly built single-family homes inched up one point to 35 in August, according to…
Despite positive news for the building sector with the recent passing of the 21st Century Road to Housing Act, this month’s homebuilder confidence report dropped again for the second month and has remained in negative territory for its longest stretch since 2012. According to this month’s National Association of Home Builders (NAHB)/Wells Fargo Housing Market…
While the construction industry remains overall challenged, remodeling remains in a more positive territory for another quarter, according to the latest data from the National Association of Home Builders (NAHB). NAHB’s Remodeling Market Index (RMI) For Q2 2026 saw a reading of 61, down one point from the previous quarter but still in positive territory…
Builder sentiment remains subdued as rising material costs, elevated mortgage rates and ongoing affordability challenges continue to strain the housing market. Builder confidence in the market for newly built single-family homes fell two points to 35 in June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released June 15.…
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…
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