Housing inventory

The National Association of Homebuilder's chief economist lays out a timeline for the market, and describes how new construction today compares to existing home sales.

The affordability crisis has moved to the center of national politics, posing complicated challenges for both Democratic nominee Kamala Harris and Republican Donald Trump as they try to woo voters in battleground states with promises to address housing costs.

Housing starts decreased 0.5% last month to a 1.35 million annualized rate, according to government data released Friday, after a big rebound in August.

A measure of housing market conditions from the National Association of Home Builders and Wells Fargo increased for a second straight month in October.

The share of homes constructed in community associations rose for the first time in three years in 2023, the National Association of Home Builders reported.

Despite rising consumer confidence in the housing market, declining mortgage rates, alone, don't seem to be able to lure home buyers in, two new reports find.

Buyers aren't necessarily responding to greater inventory and lower mortgage rates.

New single-family home sales decreased 4.7% last month to an annualized rate of 716,000 after rising at the fastest pace since early 2022, government data showed Wednesday.

Residential markets are set to gain momentum again with prices rising over the next few quarters as rising rents in cities support demand, according to Holzhey. 

U.S. housing starts bounced back in August after tumbling a month earlier, illustrating uneven residential construction as builders weigh inventory levels against brighter demand prospects tied to falling borrowing costs.