New Construction News

New-home construction drops more than expected in March 

The surprisingly large decline in the pace of housing starts comes as builder sentiment remains depressed by tariff worries and high prices. 

Housing starts post surprisingly big jump in February 

The pace of new-home construction was higher than economists expected, even as homebuilders expressed concern about the impact of tariffs and supply-side challenges. 

New-home sales post unexpectedly large decline in January 

At the same time, the median sales price for a new home hit its highest level since 2022, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.   

NAHB: Tariff worries help send builder confidence to five-month low 

At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985. 

New-home sales rise 5.9% month over month in November

The median-sales price slid from $425,600 in October to $402,600 last month. 

New single-family housing construction dips in October 

Multifamily construction, meanwhile, rose on a monthly basis. 

New-home sales post surprise gain in September 

The median price of a new home sold during the month was also up, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Single-family housing starts increase for the second month in a row 

Multifamily starts, meanwhile, declined, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.    

New-home sales dip in August but beat expectations 

The 716,000 per-year rate of new-home sales topped the consensus estimate of 700,000. 

New-home sales jump in July 

July’s seasonally adjusted annual rate of 739,000 represented a 10.6% jump from June’s upwardly revised rate of 668,000. 

Housing starts rebound in April after March slump 

New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

December new-home sales jump 8%

Declining interest rates spurred the increase. 

Housing starts rebound in September after August dip 

Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures. 

Housing starts rebound in July after June slump 

Single-family home permits and completions, meanwhile, also rose, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

NAHB: Builder confidence hits 13-month high 

Low inventory and high demand are buoying builder sentiment in the face of several headwinds. 

New-home sales surge in May 

Demand for newly built homes has remained strong as high interest rates keep many would-be sellers of existing homes off the market. 

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