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Homebuilding

Homebuilder confidence drops for 12th straight month

by Meghan McCarty Carino
Dec 19, 2022
High mortgage rates are causing homebuilders to pull back. A measure of sentiment has dropped to its lowest level since 2012.
With mortgage interest rates nearly doubling this year, homebuilders are pulling back on new projects.
Frederic J. Brown/AFP via Getty Images
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Some homebuilders are dropping prices as mortgage rates rise, economist says

by Amy Scott , Richard Cunningham and Sean McHenry
Jul 14, 2022
People "desperately want to purchase," but are stepping out of the difficult market, says Ali Wolf, chief economist at Zonda.
"It's a very tricky thing because the builders are trying to drum up demand, while also trying to keep their buyers in backlog — those that have already signed a contract — happy," says Ali Wolf, chief economist at Zonda.
Chris Delmas/AFP via Getty Images
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As new home sales continue to rise, where are the appliances?

by Caroline Champlin
Oct 27, 2021
Some home builders are starting to figure out ways to adapt to shortages by stocking up and using alternative brands.
A lack of durable goods has slowed home building, but buyers have started to adapt.
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Homebuilders are constructing fewer homes ... on purpose

by Amy Scott
Jul 29, 2021
Some companies have decided it's better to hold back right now.
Despite a hot housing market, new data from Zonda show that 85% of homebuilders are intentionally capping their sales.
Justin Sullivan via Getty Images
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Homebuilders are upbeat, despite supply chain troubles

by Mitchell Hartman
Jul 19, 2021
The National Association of Home Builders' index is higher than it's been in decades, driven by strong demand and limited inventory.
Despite supply chain bottlenecks and skilled labor shortages, homebuilders are "very optimistic."
Justin Sullivan via Getty Images
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COVID-19

Home construction is surging, but it's leaving out struggling renters

by Mitchell Hartman
Aug 18, 2020
Apartment market tracking firm RENTCafé predicts apartment construction will be down 12% from 2019 to the lowest level in five years.
Even with the surges in homebuilders' confidence and some construction metrics, there is still an affordable renting housing crisis.
Al Bello/Getty Images
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COVID-19

What is the COVID-19 economic downturn's effect on homebuilders?

by Amy Scott
Apr 15, 2020
Both the sales and building of homes has slowed with the spread of the pandemic.
Frederic J. Brown/AFP via Getty Images
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Rising costs will continue to hit homebuilders

by Erika Beras
Dec 26, 2018
New home sales have been slipping most of the year for a variety of reasons
A worker builds a new home at the Pulte Homes Fireside at Norterra-Skyline housing development on March 5, 2013 in Phoenix, Arizona.
Justin Sullivan/Getty Images
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Labor shortages and high cost of materials depress homebuilding, industry says

by Renata Sago
Jul 18, 2018
Builders are looking into long-term solutions.
A worker saws wood at Canal Crossing, a new luxury apartment community consisting of 393 rental units near the university city of New Haven on August 2, 2017 in Hamden, Connecticut. 
Spencer Platt/Getty Images
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Rising prices and falling affordability in housing

by Mitchell Hartman
Mar 22, 2018
The market is good if you're selling, but challenging if you want to buy.
Lily-Rygh Glen and her wife recently bought this fixer on the outskirts of Portland, Oregon, after searching for years for an affordable first home.
Mitchell Hartman/Marketplace
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