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New US Home Construction Plunges to Slowest Pace Since June 2020
Bloomberg via Yahoo Finance· 5 hours ago(Bloomberg) -- New home construction in the US slumped in May to the slowest pace in four years, as...
Zillow Economist Admits 'We Are In A Big Hole' As U.S. Housing Shortage Hits 4.5 Million Despite ...
Benzinga via AOL· 13 minutes agoNewly released data from Zillow reveals that despite a surge in construction, the U.S. housing...
Housing Starts at 4-Year Low; High Construction Costs and Mortgage Rates Blamed
RISMedia Real Estate News· 2 hours ago“Higher rates for builder and developer loans, along with ongoing supply-side challenges regarding ...
Pekin’s new home construction increasing
WMBD - FOX 43 Peoria· 3 days agoPEKIN, Ill. (WMBD) — New construction is currently underway for homes in Pekin. Baylee Gambetti, a Realtor in Pekin, said there’s a reason people are...
Mortgage rates fall to their lowest level in almost three months
CNN Business via Yahoo Finance· 2 hours agoHomebuilding constrained by high interest rates While mortgage rates have eased recently, the US...
High Mortgage Rates Are Holding Back Homebuilding, Locking Up Housing Market
Investopedia via Yahoo Finance· 2 hours agoIt was also the slowest pace of new home construction since June 2020. Building permits, an...
Housing Starts Hindered By Barriers To New Construction
National Mortgage Professional· 3 hours agoAn environment of higher rates and building costs stacked with burdensome regulations has stunted the construction of new homes in this country. Single-family ...
‘Getting it right.’ Pasco’s $47M aquatic center officially has a ‘centerpiece’ home
Tri-City Herald McClatchy via AOL· 58 minutes agoIt’s a major win for the landowners, the city and the facilities district...acres. The site sits...
Housing starts dropped 19.3% in May as builder confidence continues to slide
HousingWire via Yahoo Finance· 4 hours ago“Home builders are also dealing with higher rates for construction and development loans, chronic...
Residential construction pulls back in May
The Forex Market· 4 hours agoThe forward-looking permit activity was also soft, suggesting builders have become less optimistic about prospective demand given persistent inflation...
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