Articles
Housing Demand Remains High Despite Interest Rate Pressures
fter a record-shattering year in 2021, the housing market is at an inflection point. Higher interest rates have taken some heat out of the homebuying market, and the large number of apartments under construction should bring some relief on the rental side. Read More
Total Construction Starts Rose 4% in May
Total construction starts rose 4% in May to a seasonally adjusted annual rate of $979.5 billion, according to Dodge Construction Network. Nonresidential building starts rose 20%, while residential starts fell by 4% and nonbuilding lost 2% during the month. Read More
Home Builders Urge Congress to Address Housing Affordability
More than 600 builders from across the nation trekked to Capitol Hill on June 15, 2022, for the National Association of Home Builders (NAHB) 2022 Legislative Conference to spotlight the growing housing affordability crisis that threatens to derail the economy and urge their lawmakers to support policies that will ease building material production bottlenecks and increase the production of quality, affordable housing. Read More