In 2022, the total count of second homes was 6.5 million representing 4.6% of the total housing stock, according to NAHB estimates. This reflects…
Private residential construction spending fell 0.4% in July, according to the Census Construction Spending data. Nevertheless, spending remained 7.7% higher compared to a year…
Despite high mortgage rates, the lack of resale homes and pent-up demand drove solid growth in single-family permits across nearly all regions in the…
The cost per square foot of a single-family home declines systematically as the home becomes larger, according to NAHB analysis of two recent data…
Median square foot prices (excluding record-high improved lot values) for new single-family detached (SFD) homes started in 2023 remained largely stable, according to NAHB’s…
The percentage of new apartment units that were absorbed within three months of completion rose from a decade low 42% to 53% in the…
NAHB analyzed the national market share data released by BUILDER Magazine in a previous blog post. Last month, BUILDER Magazine released new data on…
The average completion time of a single-family house in 2023 was approximately 10.1 months, breaking down to 1.5 months for authorization to start construction…
Home price growth continues to decelerate, according to the recent release of the S&P CoreLogic Case-Shiller Home Price Index (HPI). The S&P CoreLogic Case-Shiller…
