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Homebuilders are constructing fewer homes ... on purpose

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

What happens when a home builder can't find a microwave?

Jul 26, 2021
Until all the appliances are installed in a home, construction is not complete.
Limited supplies of basic home appliances, like microwaves, are delaying the completion of some new-build properties.
Stephen Brashear via Getty Images

Labor shortage and building material costs still hammering the new home market

Jul 20, 2021
A look at the factors influencing home construction.
A worker carries lumber as he builds a new home in Petaluma, California. 
Justin Sullivan/Getty Images

New home sales in August hit highest level since before Great Recession

Some of what we're seeing might be making up for a spring in which people were stuck at home and not buying.
Sales of new single-family homes rose 4.8% in August and surpassed an annual rate of 1 million for the first time in 14 years.
Justin Sullivan/Getty Images

U.S. new home sales rise surprisingly strong 16.6% in May

Jun 23, 2020
The numbers suggest that the reopening of major parts of the country gave a boost to the housing market.
A for-sale sign outside a house. Sales of existing homes jumped in June.
Eric Baradat/AFP via Getty Images

Homebuilders still need more workers

Feb 18, 2020
"The labor shortage continues to be the number one issue for homebuilders," one economist said.
Justin Sullivan/Getty Images

Housing held back by too few new homes

Jul 26, 2016
Home sales have been on the rise, and so have home prices. But home builders are not ramping up production to even approach pre-recession levels.
In June, existing home sales hit their highest level since 2007.
Sean Gallup/Getty Images

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New home sales lag overall market

May 24, 2016
New home sales have risen moderately since 2011 as builders focus on higher-priced homes for higher-income buyers.
New home sales are less than half of what they were in the mid-2000s.
Justin Sullivan/Getty Images

What new home sales mean for the economy

Dec 23, 2015
New home sales are up in 2015. How do these purchases influence the economy?