Housing starts dropped 9.0% in 2023

New-home sales fared well in March

New-home sales reached a seasonally adjusted annual rate of 693,000 in March, according to data published Tuesday by the U.S. Census Bureau and the U.S. Department of Housing and Urban…
Homebuilders start the year on a positive note

Homebuilders end 2023 on a high note

Sales of new single-family homes surprised in December, exceeding consensus expectations of 649,000. New home sales reached a seasonally adjusted annual rate of 664,000, according to data published on Thursday…
Homebuilders start the year on a positive note

Homebuilders start the year on a positive note

For the second consecutive month, homebuilders have become more optimistic. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report rose seven points month-over-month to a reading of 44 in January.…