With the end of 2023 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. Two such posts focused on the aging housing stock, a key driver of remodeling and new construction conditions. In February, Na Zhao reported the latest data on the age of the housing…
With the end of 2023 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. Jing Fu provided a recent analysis of recent metro price dynamics. Home Prices Continue to Rise in September
With the end of 2023 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. Trends concerning building material pricing were examined monthly by David Logan. In May, David reported on a pivot for aggregate building material price growth. Building Materials Prices Fall for Second Month Straight…
With the end of 2023 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. Danushka Nanayakkara-Skillington provided recent year-to-date estimates for building permits, including top ten lists for single-family and multifamily markets. Single-Family Permits Down in October 2023
With the end of 2023 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. Two such posts focused on home prices and construction costs. In November, Natalia Siniavskaia examined 2022 Census data to report regional differences for pricing of different kinds of home construction: Square Foot…
Elevated mortgage rates acted as a drag on new home sales in November, but with the economy now apparently past peak interest rates for this cycle, sales are expected to rise as we move into the new year. Sales of newly built, single-family homes in November fell 12.2% to a 590,000 seasonally adjusted annual rate,…
NAHB analysis of the Census Bureau’s quarterly state and local tax data shows that $129 billion in taxes were paid by property owners in the third quarter of 2023 (not seasonally adjusted).[1] In the four quarters ending Q3 2023, state and local governments collected $757 billion of property tax revenue—an 11.6% increase over Q3 2022. The year-over-year growth…
