Homebuilders

The City of Frisco has experienced a major population boom in the past few decades and has earned the title of fastest-growing city several times by the U.S. Census Bureau.

Mortgage applications to purchase new homes were up 54% compared to the same month the year before.

New-home sales rose more than expected in May, with record-low mortgage rates pulling buyers back into a housing market that froze up during the pandemic.

Home construction starts rose less than forecast in May, suggesting builders were slow to resume work even as states across the country began to reopen.

The availability of some loans used to build homes dried up due to the coronavirus. Opening up the economy may help if it doesn't lead to a spike in infections, and if consumer demand persists.

Homebuilder sentiment improved in June as record-low interest rates and demand for more space spurred buyers to re-emerge after the coronavirus shut down sales and construction.

Australia has announced a A$688 million ($476 million) stimulus package aimed at bolstering the housing construction industry, as the coronavirus-hit economy heads for its first recession in 29 years.

Homebuilding in San Diego County nearly doubled from last year in the first quarter of 2020 despite COVID-19 closures.

Home sales in April stayed healthy despite the Ohio stay-at-home order, but dropped by double digits compared to a year before at the same time.

After a blockbuster early spring, the COVID-19 pandemic is hitting home for Twin Cities builders.