Browsing Posts In: new home construction

Increased Rate of New Home Construction

August 8, 2017

The rate of new home construction increased in June to the fastest pace in four consecutive months prior. Though increases were seen across the nation, the rise was led by substantial increases in the Northeast and Midwest. New home construction increased by 8.3 percent in June to a seasonally adjusted annual rate of 1.22 million, […]

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Builders Plan to Put Emphasis on Entry-Level Housing Market

March 28, 2017

  Low inventory levels in the housing market have created continuing issues for the residential real estate market, with interested homebuyers facing competition and rising costs. In an effort to ease shortages, builders are planning to put emphasis on the entry-level housing market, as well as march forward with townhome, condominium, and overall single-family home […]

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