Homebuilders

Despite lean inventory, efforts by builders to boost production have been hindered by supply-chain challenges, soaring materials costs and difficult hiring conditions.

The creation of single- and multifamily inventory occurred at the fastest pace seen since 2006 in February, but housing market transactions slowed as rates rose.

The builder reported better-than-expected quarterly orders as the record shortage of existing-home listings pushed buyers toward newly built properties.

The record in builder borrowing from banks stands in contrast to a period of pandemic-related disruption, but volume will likely remain below market demand unless President Biden can fulfill promises to reduce supply-chain disruptions.

Sales of new U.S. homes retreated in January after a flurry of purchases at the end of 2021, indicating a jump in mortgage rates may be starting to restrain demand.

The estimated rate of annual sales also dropped in January to its slowest pace since July.

New U.S. home construction fell in January for the first time in four months, indicating pandemic-related labor absences and winter weather tempered recent progress on building activity.

Lumber futures have recouped recent losses and risen by the exchange maximum of $45 for six consecutive sessions, touching $1,204.90 per 1,000 board feet Wednesday, the highest in three weeks.

Makers of everything from decks to porches and outdoor lighting are lagging behind the broader stock market this year, joining a selloff in homebuilder shares as casualties of a rising-rate environment.

While low interest rates and low existing-home supply are behind much of the growth, the single-family rental market is also fueling demand.

They're headed for their sharpest monthly nosedive since March 2020 as the stocks get pummeled by fears of rising rates.

December's average balance for a mortgage to purchase a newly constructed property set an all-time high, the Mortgage Bankers Association's Builder Application Survey found.

The metric shows how drastically supply-chain disruptions have impacted prices for a key material used in single-family homebuilding.

Rising Covid-19 cases in the U.S. and overseas could create supply chain and labor headwinds in the coming months, slowing construction and leading to further inventory shortages.

Despite elevated prices and supply-chain bottlenecks, October application activity was up for the second time in three months and pushed the average loan size to a record high.

Just to keep up with the growing demand for houses, 61,000 people need to be hired per month to cover attrition, the Home Builders Institute claimed.

Cities in Texas and the South issued the largest number for single-family housing, with all regions seeing consistent yearly growth.

Despite Boise's supply shortage and skyrocketing prices, homes in Ada County have always been built primarily by local builders. That could soon change.

The purchase of The Commodore Group facilitates the Phoenix-based company’s expansion into the Northeast market and adds to its presence in the Midwest and Mid-Atlantic.

Growing confidence that they’ll be able to find a new place to live will finally push homeowners to put their homes up for sale, the survey of real estate experts found.