New analysis tracks housing starts in nonmetropolitan areas. From 2011 to 2017, single-family housing starts in these areas grew 40 percent, versus 97 percent growth for total single-family homes started.
In January 2019, single-family housing starts bounced back after declining four consecutive months to a seasonally adjusted annual rate of 1.230 million units.
Statewide rent control in Oregon, bills that would keep design out of the hands of cities and counties, flame retardant-free building insulation in California, construction wage theft violations, and the impact of persistent flooding in coastal cities&nb
As climate change increases wildfire risk and intensity globally, researchers are working to make homes fire-resistant. In two of California's wildfires last year, nearly 14,000 homes were razed to the ground.
New data from the Department of Commerce show that new-home sales in December 2018 posted a seasonally adjusted annual rate (SAAR) of 621,000, down 2.4 percent annually.
Michael Tachovsky, an economics expert and consultant in real estate damage at Landmark Research Group, is weighing in on how the real estate industry can minimize future wildfire risk.
In December 2018, total residential construction spending posted the first annual loss, 1.3 percent, since 2011. But, multifamily construction spending had a record high, 3.1 percent, to a $65.2 billion annual pace.
The latest data from CoreLogic suggests that home prices will be heating up again. In January, home value growth was the slowest in seven years, up 4.4 percent annually.
