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Home » housing market

Articles Tagged with ''housing market''

NAHB New Home Sales Drop in February.jpg

New Home Sales Plunge in June on Rising Affordability Woes

July 27, 2022
No Comments

Builders saw sales decline significantly as buyers were priced out of the market on higher interest rates and ongoing home building and development costs, including building materials, according to NAHB. 


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Houzz Expected Business Activity Indicator US Construction.jpg

Houzz: Construction Pros Lower Expectations for New Projects in Q3

July 26, 2022
No Comments

As project inquiries declined significantly in Q2 2022 among build-only and design-build professionals, both have lowered their expectations for new committed projects in Q3 2022.


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kitchen tile

NKBA Forecasts Growth Despite Economic Headwinds

July 20, 2022
No Comments

Despite some economic headwinds, kitchen and bath remodeling demand remains strong. Residential kitchen and bath spending is anticipated to grow by 16% to $189 billion in 2022.


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home-sales.jpg

Single-Family Starts Fall to Two-Year Low

July 19, 2022
No Comments

Increased interest rates, building material supply chain bottlenecks and elevated construction costs continue to put a damper on the single-family housing market, according to NAHB.


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Remodeling Activity 2Q 2022.jpg

Remodeling Gains to Slide Lower Through Mid-Year 2023

July 19, 2022
No Comments

Slowing sales of existing homes, rising mortgage interest rates, and moderating house price appreciation are expected to dampen owners’ investments in home improvements and maintenance over the coming year.


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Builder Confidence Declines as Affordability Woes Mount

July 18, 2022
No Comments

Builder confidence plunged in July as high inflation and increased interest rates stalled the housing market by dramatically slowing sales and buyer traffic.


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Remodeling Market Confidence Declines Year-over-Over

July 15, 2022
No Comments

Some customers are showing a reluctance to go forward with projects due to the higher costs and delays associated with material shortages, as well as higher interest rates, according to NAHB. 


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HUD New Home Sales Released for March.jpg

New Home Sales Increase in May Before Fed June Rate Rise

June 28, 2022
No Comments

After posting four consecutive monthly declines on rising mortgage rates and worsening affordability conditions, new home sales posted a solid gain in May as some buyers rushed into the market in advance of the Federal Reserve’s June interest rate hike.


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home renovation and remodeling

Are Home Renovations Beginning to Slow?

Tanja Kern Headshot 2023.png
Tanja Kern
June 27, 2022
No Comments

Home renovation activity and spend have reached the highest rates reported since 2018, but momentum may be slowing.


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Single-Family-Home-Octo-2021.jpg

New Home Sales Increase in May Before Fed’s June Rate Rise

June 24, 2022
No Comments

Sales of newly built, single-family homes in May increased 10.7%, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.


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