Tag: home building
Single-family homes construction starts to decline in June
Single-family home production fell after four straight monthly gains as many other housing sectors continue to see declines.Â
The production fall is linked to elevated...
Low existing home inventory fuels buyers interest in new homes
More Americans are turning to new home construction as existing inventory remains low and mortgage rates begin to stabilize, the National Association of Home...
Report: Iowa ranks eighth cheapest state to buy single family home
It is cheaper to purchase a house in Iowa than to build a new one, according to a new report from StorageCafe.Â
The report shows...
NAHB: Over half of home’s sales price goes to construction costs
The National Association of Home Builders’ (NAHB) latest Cost of Construction Survey revealed 60.8% of the average home sales price consisted of construction costs...
Builder confidence up on strong demand, NAHB survey shows
Low existing inventories and strong buyer demand are helping to push builder confidence higher for the third consecutive month even as supply-side challenges —...