Housing inventory

Smaller builders felt the greatest impact of material cost increases, as new Trump administration tariffs add a layer of worry for the construction industry.

A proposed seven-year mandatory selloff rule aimed at institutional investors was a factor in halting momentum for new BTR development, NAHB said.

Elevated mortgage rates and consumers' uncertainty about the economy are weighing on housing demand in the US as a whole, but wealthier buyers have been cushioned by higher incomes, home equity and well-performing stock portfolios.

Housing starts fell 12.4% last month to an annualized rate of 1.24 million, according to federal government data released Tuesday.

The average down payment across the list was 17.1%, well above 13.1% nationally, and the median credit score was 766, compared with 747 countrywide.

The homebuilder's net income for the second quarter was half of what it was a year ago but a seasonal lift improved results relative to the first quarter.

Purchases of new single-family homes increased 1.6% last month to an annualized rate of 628,000, data released Friday by the federal government showed.

Home values have increased 147% over the last 15 years, pushing more homeowners above the capital gains tax exemption thresholds, according to Cotality.

New residential construction increased 19% last month to an annualized rate of 1.43 million, the highest since March, government data released Friday showed.

Mid-Atlantic home sales climbed in June as inventory grew, even with mortgage rates near 6.5%. High-income and repeat buyers led the gains, Bright MLS found.

Contract closings fell 2.4% to an annualized rate of 4.09 million last month, data released Thursday by the National Association of Realtors show.

President Donald Trump said a bipartisan housing bill he has refused to sign was "fine," seeming to suggest it could become law even as he has withheld his signature in a bid to secure a voter identification law he sees as a bigger priority.

Purchases of new single-family homes decreased by 7.3% to an annual rate of 580,000 last month, according to government figures published Wednesday.

Low immigration and fertility rates paired with aging boomers could weaken the foundation of housing demand over the next decade, the MBA finds.

Contract signings rose 3.8% to 76.8 last month, according to National Association of Realtors data released Wednesday, a faster pace than all estimates in a Bloomberg survey.

An index of overall market conditions from the National Association of Home Builders and Wells Fargo fell 2 points to 35 this month, according to data released Monday, lower than the 37 anticipated by economists in a Bloomberg survey.

An economy that's been good for the rich makes shares of high-end homebuilders a better bet than those focused on entry-level buyers, according to one Wall Street analyst.

Contract closings rose 3.2% to an annualized rate of 4.17 million last month, according to data released Tuesday by the National Association of Realtors.

The sales setback in April suggests the nation is still struggling to emerge from a three-year housing funk.

Starts of single-family homes declined 9%, the most since August, according to government figures released Thursday.