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Recent Articles

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US privately‚Äźowned housing starts in June rose 3.0% from May to seasonally adjusted annual rate of 1,353,000, down 4.4% annually; building permits fell 3.1% year-over-year to 1,446,000, housing completions up 15.5% to 1,710,000: Dept. of Commerce

US builder confidence in the market for newly built single-family homes decreased by one point to 42 in July, the slowest reading since December 2023; 31% of builders cut home prices to bolster sales: NAHB

Lennar Corp. expands on Alabama's Gulf Coast with two communities starting in low $300,000s; development in Aberdeen and Greenbrier targets luxury and location-seeking homebuyers

Share of new US single-family homes built on slab foundations in 2023 was 72.4%; share has risen from 45.8% in 2000, with a 3.9% jump from 2022 to 2023: NAHB

Property developers warn next UK government must address housing crisis; experts say the system has been problematic for 25-30 years and planning process needs urgent reform, with solution possibly taking years to achieve

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