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New home construction

Home construction is weak, but apartment construction is booming

by Justin Ho
Nov 18, 2022
That's because apartment developers have a lot more incentives to keep building right now.
Apartment construction is way up, as rents rise independently of mortgage interest rates.
Spencer Platt/Getty Images
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New home construction is down. Here's what that says about the housing market.

by Samantha Fields
Aug 16, 2022
This could be another indicator that things are cooling down, but home prices are still at record highs.
Fewer people are willing to commit to buying a new home that’s still under construction, says Lawrence Yun at the National Association of Realtors.
Stefani Reynolds/AFP via Getty Images
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Housing affordability continues to worsen for many Americans

by Samantha Fields
Jul 19, 2022
Home prices are at record levels, and mortgage rates are much higher now than they were six months ago.
Fewer homes are being built these days — especially in the price range of first-time buyers.
Stefani Reynolds/AFP via Getty Images
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Why there's so much new multifamily construction right now

by Justin Ho
Apr 21, 2022
Rents are up, providing builders an incentive.
Higher rents in outlying suburbs have been an incentive for builders to construct more apartments.
Al Bello/Getty Images
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Although housing starts slid in January, more building is coming

by Amy Scott
Feb 17, 2022
As that omicron wanes and weather warms, analysts expect building to pick up. That doesn't mean it'll make a dent in the housing shortage.
Getty Images
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The CEO of homebuilders' chief trade group doesn't see shortages letting up soon

by Amy Scott and Sean McHenry
Feb 11, 2022
Jerry Howard, CEO of the National Association of Home Builders, discusses the challenges facing his industry.
An exterior of the house selected as this year's New American Home at the International Builders' Show in Orlando, Florida.
Amy Scott/Marketplace
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Despite shortages of materials, new housing construction is up

by Amanda Peacher
Dec 16, 2021
Contractors are finding ways to work around supply chain delays, but projects are taking longer.
New homes are being built, but the costs of shortages and delays may be passed on to buyers.
Scott Olson via Getty Images
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"Location, location, location" still applies if you're in the market for a new house

by Amy Scott
Sep 21, 2021
Shortages of building materials vary by state, so more new homes are being built in some regions than others.
Location is playing a role in both the pace of building and the availability of supplies and labor for new homes.
Mark Evans via Getty Images
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Appliance shortages hold up home improvement and new construction

by Amy Scott
Mar 23, 2021
Homebuilders are passing the costs of delays on to consumers because demand for houses is so high.
Customers who order appliances such as refrigerators are waiting months for delivery.
Sean Gallup/Getty Images
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COVID-19

Home builders see demand for bigger houses

by Amy Scott
Oct 26, 2020
After falling for several years, the average size of a new single-family home may be growing again.
iStock / Getty Images Plus
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