Housing supply is inching higher after reaching a record low during the COVID-19 pandemic, and that inventory boost, paired with a slight drop in mortgage rates, is motivating buyers to jump back into the for-sale market

Single-family production recorded a slow start to 2023, but home builders are optimistic about improved market conditions later in the year

Single-family building permits decreased in all four regions in November 2022, but multifamily permitting closed out the year with strong gains

An elevated share of new homes completed in 2021 involved a structure that had to be torn down and rebuilt

Single-family housing starts are declining, but a sharp rise in multifamily construction sent the total share of new housing starts to a record high in November

After a period of speedy development in high density markets, single-family construction is slowing nationwide

Single-family built-for-rent (SFBFR) construction tapered off in Q3 2022 after an exceptionally strong second quarter, but the market segment is steadily growing

New construction accounted for 29% of all single-family homes for sale in the third quarter of 2022, the highest share in nearly a decade and a half

As housing prices surge, builders are delivering smaller and more affordable homes to a cost-conscious buyer pool