Market Data + Trends Housing Starts Spring Forward in March Also, builder confidence remains strong in spite of supply-side challenges, according to the NAHB/Wells Fargo Housing Market Index (HMI).
Sales Homes Are Selling Faster Than Ever and Prices Are Surging The median home-sale price increased 17% year over year to $341,250, an all-time high. Asking prices reached an all-time high of $353,750.
New-Home Sales New Home Starts Rebound But Shortage Is Still Huge The largest gains in new-home construction occurred in the Midwest, where housing starts more than doubled on a monthly basis.
Market Data + Trends Median Home Listing Price Now $370,000 Home prices posted a year-over-year median price increase of 15%, bringing the median home listing price to $370,000, according to Realtor...
Market Data + Trends Freddie Mac Says the Market Needs 4 Million More Homes In order to close the gap between housing demand and inventory, the market needs 4 million more homes for sale, according to a new report...
Coronavirus Resources and Information NAHB to Kick Off COVID-19 Vaccine Awareness Week The National Association of Home Builders and its construction industry partners are teaming up for COVID-19 Vaccine Awareness Week from...
Remodeling Remodeling Market to Strengthen Through Next Year Home improvement and repair spending will continue at a healthy pace through 2021 and into the following year, according to the Joint Center...
Building Materials Reduce Lumber Use With a Lean Strategy On this episode of The Weekly, TrueNorth Development President Scott Sedam lays out a six-week process for builders to significantly cut...
Design Floor Plans, Details, and Finishes for Standout Kitchen Design Two housing design pros will walk builders through all the components of a thoughtful, high-demand kitchen in the latest webinar from the...
Building Materials Lumber Prices Expected to Surge Even Higher Skyrocketing lumber prices have kept some builders away from purchasing in hopes costs would level out, but now lumber prices are expected...
