Tag: homebuilding

Through the first seven months of 2019, residential construction for single-family and multi-family projects has trailed the prior-year period across the board. Specifically, single-family permits and starts are both down 3% while multi-family ...

Every month, we track interest in built-to-rent construction, along with other acquisition channels, in our proprietary survey of single-family rental operators. Over the last year, interest in partnering with homebuilders on built-to-rent ...

In 2018, the national unemployment rate averaged 3.9%, the first year below 4.0% since 1969, which has been a positive for wage growth and potential entry-level homebuyers. However, the other side of that coin has been a shortage of labor in ...

According to Random Lengths, framing lumber prices in December were down 22% year over year and 41% from the monthly peak in June. Similarly, its structural panel composite index declined 14% year over year and stood 35% lower than the near-term ...

Of late, there is an argument surfacing that new home pricing has become too expensive relative to the existing home alternative. It goes something like this: the median new home price reported by the Census Bureau over the last four quarters ...

As of 2017, we estimate that there were approximately 124 million households spread across the country, represented by single-family homes (68%), 5-plus unit multi-family buildings (18%), duplexes to quadplexes (8%) and manufactured housing ...

Earlier this month, we discussed how labor constraints have resulted in construction cycle times becoming extended to the second longest level among expansion periods dating back to 1990, trailing only 2005 when industry ...

As previously detailed, labor availability ranks among the biggest challenges for production builders in the current market, remarkably even with land availability, which is traditionally the most-cited hurdle ...

Last week, the Federal Reserve published its latest Senior Loan Officer Opinion Survey with the goal to “provide qualitative and limited quantitative information on credit availability and demand.” As it relates to residential real estate capital ...