Tag: real estate
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...
Iowa City home prices increase by 10% in 2023
Iowa City home prices increased by 10.4% between May 2022 and May 2023, according to a new study by SmartAsset, a New York-based financial...
Home prices, rents remain high with steep interest rates, slow construction
Sharp interest rate hikes over the past year continue to impact homeownership and affordability for both homeowners and renters across the U.S., according to...
Existing home sales edged higher by 0.2% in May, Midwest sees decline
Existing-home sales marginally increased in May, according to the National Association of Realtors (NAR). The Midwest did experience decline, but all four U.S. regions...
Reynolds announces second annual Iowa Homeownership Incubator competition
Iowa Gov. Kim Reynolds announced the opening of the second annual Iowa Homeownership Incubator competition to celebrate National Homeownership Month on June 15.Â
The Iowa...
Builders urge Congress to ease housing affordability crisis
More than 700 builders, remodelers and associates engaged in all facets of residential construction marched on Capitol Hill on June 7 to call on...
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...
NAHB: Home construction stabilizing, inflation improving
Economic data suggests single-family home construction is stabilizing after declines in 2022 while inflation improves.
These incoming trends set an environment where homebuilding will realize...
Builder confidence in housing market increases for fifth month
Builder confidence in the market for newly built single-family homes rose across the country in the past three months, including by two points in...