Mortgage rates well under 7% over the past month have led to a sharp increase in builder confidence to begin the new year. Builder confidence in the market for newly built single-family homes climbed seven points to 44 in January, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This…
Due to tightened monetary policy, the count of total job openings for the economy continues to move lower. This is consistent with a cooling economy that is a positive sign for future inflation readings. In November, the number of open jobs for the economy declined to 8.8 million. This is notably lower than the 10.8…
With the end of 2023 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. At the end of 2022, Natalia Siniavskaia provided a new estimate for the current size of the U.S. housing deficit: The Size of the Housing Shortage: 2021 Data
With the end of 2023 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In November, we reported on recent declines for custom home building construction starts. Declines for Custom Home Building
With the end of 2023 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In October, Rose Quint examined consumer survey data showing growing buyer interest in the third quarter: Housing Demand Caught Between High Rates & Demographics
With the end of 2023 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In March, Jesse Wade reported on recent geographic shifts for home construction. Single-Family Market Share Continues to Shift from Large Population Centers More recent analysis finds ongoing gains for exurban areas:…
