Homebuilders

Despite huge demand for housing in central Ohio, home construction has fallen sharply this year.

Even in the midst of a climate crisis, the Bay Area's skyrocketing housing costs are pushing families into far-flung suburbs like Tracy.

Home construction surged in August to the fastest pace since mid-2007 on more apartment projects and single-family houses, a welcome sign for the housing sector that has struggled to gain momentum.

The low mortgage rates of August drove new homebuyers to cannonball into the purchase market compared to the year before, according to the Mortgage Bankers Association.

The residential construction market is giving off conflicting signals about whether the nation is heading toward a downturn, according to BuildFax.

Lower rates and signs that more affordable housing inventory is being built drove Fannie Mae's 2019 origination numbers higher in its latest forecast.

Sentiment among homebuilders climbed to the highest in almost a year on stronger current sales momentum, adding to signs that lower mortgage rates are giving the industry a boost.

Property values recovered, and in some cases even surpassed housing bubble peaks, but the same can't be said for waning new construction activity, which won't return to historic norms for years, according to Zillow.

It was the most robust August in at least five years for Twin Cities homebuilders.

Southern California builders sold 13% more homes in July than a year ago as prices fell 8%.