The September jobs report indicates that the U.S. labor market remains strong. Job growth accelerated, and the unemployment rate fell to a three-month low…
In 2023, 66% of newly completed single-family homes featured two-car garages, according to NAHB’s analysis of the Census’s Survey of Construction data. This was the…
With housing being a key issue for the 2024 election cycle, it is worth analyzing distinct characteristics as well as similarities that housing markets…
In 2023, a quarter of new homes were built with a two-story foyer, down slightly from 26% in 2022, according to data obtained from…
The Market Composite Index, a measure of mortgage loan application volume by the Mortgage Bankers Association’s (MBA) weekly survey, rose 18.4% month-over-month on a…
Private residential construction spending fell 0.3% in August, according to the Census Construction Spending data. Nevertheless, it remained 2.7% higher compared to a year…
After a period of slowing associated with declines for some elements of residential construction, the count of open construction sector jobs bounced back in…
In September, mortgage rates maintained their downward trajectory, returning to levels last seen two years ago. According to Freddie Mac, the average rate for…
The latest NAHB study on home buyer preferences – What Home Buyers Really Want Study – asked consumers about the features and amenities they…
