October 29, 2020 by Ivy Zelman
Filed Under | existing home saleshomebuildinghousehold formationmacro housingmortgagenew home sales
November 15, 2019 by Zelman & Associates
Filed Under | homebuildingstocks
August 23, 2019 by Zelman & Associates
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 ...
Filed Under | apartmentshomebuildingmacro housing
April 19, 2019 by Zelman & Associates
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 ...
Filed Under | homebuildinginstitutional investorssingle-family rental
April 05, 2019 by Zelman & Associates
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 ...
Filed Under | homebuildingmacro housing
January 11, 2019 by Zelman & Associates
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 ...
Filed Under | homebuildingmacro housing
October 05, 2018 by Zelman & Associates
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 ...
Filed Under | affordabilityhome pricinghomebuilding
March 09, 2018 by Zelman & Associates
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 ...
Filed Under | home improvementhomebuildingmacro housing
September 22, 2017 by Zelman & Associates
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 ...
Filed Under | homebuildingmacro housing
September 08, 2017 by Zelman & Associates
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 ...
Filed Under | homebuildinghousing starts
affordabilityapartmentsbaby boomersconstruction lendingdemographicsentry-levelexisting home saleshome improvementhome pricinghomebuildinghomeownershiphousehold formationhousing startsinstitutional investorsmacro housingmillennialsmortgagemortgage ratesnew home salesreal estate servicesrefinancesingle-family rentalstocksstudent debtsurvey
