Homebuilders

July's low mortgage rate environment encouraged new homebuyers to overcome their fears about the direction of the economy that kept them out of the market in June, according to the Mortgage Bankers Association.

Sentiment among homebuilders rose in August to match its 2019 high as mortgage rates tumbled, though a weaker outlook signaled concern that any gains will be temporary as investors fret about an economic downturn.

The majority of young adults and consumers in coastal housing markets claim climate change will affect their homes or communities, which could influence where they consider buying a house, according to Zillow.

Builders in Oakland are on course to create more new housing units than San Francisco this year, a notable role reversal for a city that has long produced far less residential development than its wealthier and more bustling neighbor across the bay.

With bidding wars subsiding, new-home sales prices dropped, causing the largest decline in new construction since 2013, according to Redfin.

Canadian housing starts fell last month, led mostly by a drop in construction of semi-detached, row houses and apartments.

California officials are threatening legal action if Cupertino, hometown of Apple, doesn't meet its housing goals.

The Lehigh Valley is not adding enough housing to keep up with job growth, a recent study finds, a problem shared with other major coastal hubs experiencing soaring economies and debilitating construction costs.

Taylor Morrison Home Corp. recorded earnings that outpaced analysts' estimates and announced a partnership in the growing rental market.

While strong housing demand continues in Central Texas, new numbers show the area's homebuilding pace slowed in the second quarter as builders grappled with a shortage of lots.