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New Home Construction Slows as Mortgage Rates Remain High
New York Times· 1 day agoGovernment data released on Thursday showed that new-home construction, or housing starts, fell 5.5...
Housing Starts Hindered By Barriers To New Construction
National Mortgage Professional· 1 day agoAn environment of higher rates and building costs stacked with burdensome regulations has stunted the construction of new homes in this country. Single-family ...
Housing Starts at 4-Year Low; High Construction Costs and Mortgage Rates Blamed
RISMedia Real Estate News· 1 day ago“Overall lower housing production corresponds with our latest industry surveys, which show...
May U.S. Housing Starts & Permits Decline Amid High Rates
Zacks via Yahoo Finance· 7 hours agoThe homebuilding industry is reeling under the impact of rising mortgage rates and escalating...
Housing starts dropped 19.3% in May as builder confidence continues to slide
HousingWire via Yahoo Finance· 1 day agoHome Builders (NAHB)/Wells Fargo Housing Market Index (HMI) fell two points month...
Housing starts fall to a four-year low
MarketWatch via Yahoo Finance· 1 day agoThe pullback comes at a time when the U.S. is facing a housing shortage. The nation is short of 4.5 million homes, based...trend indicates that builders...
Falling Lumber Prices Is Just the Start. The Whole Economy Is Slowing.
InvestorPlace· 7 hours agoOn the surface, this is about future construction activity: As of yesterday’s close, lumber is down...
The Fed's first rate cut of 2024 could come next month if the labor market slows
Business Insider via Yahoo Finance· 14 minutes ago"The May slowdown in housing starts, notably single-family, is not a one-off. There is rising...
US home prices just hit a record high. Americans are still buying
CNN Business via Yahoo Finance· 9 hours agoBut the recent growth in inventory may mean that homeowners are finally parting with their homes out...
Residential construction pulls back in May
The Forex Market· 1 day agoThe scarcity of existing homes on the market should benefit new construction, though affordability remains a substantial challenge for many homebuyers,...