Homebuilders

Many El Paso, Texas, homebuilders are opening model homes only for appointments, or in other ways limiting access to the homes, which for years have been their best selling tool. Home construction continues.

New-home construction declined in March from the previous month by the most since 1984 as the pandemic started to take a bigger toll on the housing market and broader economy.

Homebuilder sentiment plunged in April to the lowest level in more than seven years as the coronavirus pandemic kept potential buyers quarantined and paralyzed construction in much of the country.

North Texas housing starts and new home sales surged in the first quarter, but most of those gains came before the COVID-19 pandemic shut down the area's economy.

Homebuilders in the Twin Cities kept the construction spigot open during March amid growing concerns about the COVID-19 pandemic.

Home construction in Round Rock is slowing but hasn't stopped in the wake of COVID-19, local industry leaders said this week.

The coronavirus pandemic has created confusion, delays and uncertainty in housing projects around the Bay Area, despite a crushing need for new homes from an industry deemed essential to work through the regional lock-down.

New-home construction exceeded forecasts in February, underscoring momentum in the industry a month before the coronavirus pandemic injected uncertainty into the economy.

Homebuilder sentiment fell to a four-month low in March as expectations of future sales dimmed amid a virus outbreak that threatens to dent activity across the industry and cause a recession.

Bank of America cut its ratings and price targets on several homebuilders and building products companies as the firm is bracing for the "inevitable" coronavirus impact on the U.S. housing market.

Canadian housing starts remained at elevated levels in February, amid strength in the detached-home market.

The number of new housing permits issued in Connecticut communities surged by 13.7% last month compared to January 2019, according the state Department of Economic and Community Development.

Following a record 2019 for the Central Texas housing market, 2020 has kicked off in much the same way, with home sales and median sales prices again reaching record highs in January.

New-home construction remained robust in January and applications to build jumped to the highest level since 2007 as low mortgage rates and a solid labor market continued to fuel housing demand.

Newly constructed home purchase application volume continued its upward momentum during January, with unexpectedly low mortgage rates encouraging consumers to start shopping now, according to the Mortgage Bankers Association.

U.S. homebuilder sentiment in February remained near the highest level since 1999 as lower borrowing costs kept construction firms upbeat about sales prospects.

Officials in Lakeland, Fla., are hoping they've found a strategy to lure private developers to build affordable single-family homes and apartments in the city.

Canadian builders began 2020 with a strong rebound in housing starts that is good news for the nation’s increasingly tight real estate markets.

A booming housing market coupled with low interest rates helped M/I Homes report record results for 2019.

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