Single-Family Home Size: 2Q25 Data
…interest rates reached historic lows. However, as interest rates increased in 2022 and 2023, and housing affordability worsened, the demand for home size has trended lower. According to second quarter…
Search Results for : building opened in 2010s closed in 2020s before December 2023, 15 meters width, 1-3 kms length, founded in the 1990s, 5-10 acre site, parts made in Europe
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Slight Gains for Townhouse Construction
…beginning in the early 1990s. The long-run prospects for townhouse construction are positive given growing numbers of homebuyers looking for medium-density residential neighborhoods, such as urban villages that offer walkable environments…
Growth for Custom Home Building
…With spec home building down and the stock market up, custom building is gaining market share. There were 54,000 total custom building starts during the second quarter of 2025. This…
Single-Family Starts Edge Higher but Affordability Challenges Persist
…on a year-to-date basis. The multifamily sector, which includes apartment buildings and condos, increased 9.9% to an annualized 489,000 pace. The slowdown in single-family home building has narrowed the home…
Residential Building Worker Wage Growth Slows Amid Housing Slowdown
Both real and nominal wage growth for residential building workers slowed during the second quarter of 2025, reflecting a broader cooling in the construction labor market, according to the latest…
Building Material Prices Rise in July
Prices for residential building materials rose again in July, marking the largest year-over-year increase in over two years. The underlying price growth trend remained the same, with service prices continuing…
Student Loan Balances Rise
…second quarter of 2025, marking a 4.16% increase from a year ago. The end of the COVID-19 Emergency Relief—which allowed 0% interest and halted payments until September 1, 2023—led year-over-year…