Remove 2011 Remove Construction Remove Contracts Remove Housing Market
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Existing home sales are working from a historic low bar

Housing Wire

Our housing market tracker counts weekly active single-family listings, those homes that aren’t in the contract, and the raw available number of homes for sale. This is why the Altos Research numbers we cite are always smaller than the NAR numbers, which accounts for all home types and those in contract.

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Homebuilders say housing starts will fall even further in 2023

Housing Wire

Homebuilder confidence continued its downward spiral in October, hitting its lowest level since August 2012, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Tuesday. Three other indices monitored by the NAHB also posted declines in October.

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How to grow housing supply in 2021

Housing Wire

housing market was the single best outperforming economic sector globally during the COVID-19 pandemic in 2020. Due to the solid demand for homes, housing supply for both new and existing homes are at all-time lows. For now, though, the low inventory means housing starts have legs to move higher. New Home Supply.

Inventory 543
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The uptick in housing activity will be temporary: Fannie Mae

Housing Wire

million, it still marks the slowest annual pace of sales since 2011. million units for the year – a level similar to the annual pace that occurred in 2008-2011 period. Fundamentally, there continues to be an elevated number of homes under construction or completed that are for sale relative to the recent sales pace.

Inventory 369
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Are new home sales flagging a recession?

Housing Wire

A lot of the housing data was lagging the rate move, so it wasn’t apparent that higher rates impacted the data yet. Going back to the summer of 2020, the one factor that I said could change the housing market was the 10-year yield getting above 1.94%. However, the housing market changed once the 10-year yield broke over 1.94%.

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Can 3-D printed homes help solve the housing crisis?

Housing Wire

“The state of the housing crisis,” Pullen said, “Is such that we do not have the luxury to say ‘no’ to any innovative approach.”. A former Texas A&M cross country and track athlete and Episcopalian minister, Ballard in 2011 co-founded TreeHouse , a retailer to sell environmentally friendly home construction materials.

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HINTS OF SHARP INCREASE IN NEW CONSTRUCTION

Will Springer Realtor

Builders began construction on just under a million single-family homes in 2020. One of the hottest search phrases on Google today is, “When is the housing market going to crash?”. Not “ Will the housing market crash?” And many of the new projects are larger than in years past. That’s the most since 2007.