The building of new homes plummeted in March, government data showed on Tuesday, at a time when the housing market is struggling with supply, which has contributed to elevated home prices. Housing ...
New US residential construction declined in May to the slowest pace since the onset of the pandemic as an elevated inventory of homes for sale and high mortgage rates sapped the motivation to build.
So how much does it cost to build a new home? A lot more than it did compared to just a couple of years ago. In 2022, the construction cost of the typical new single-family home was $392,241, ...
The Census Bureau says U.S. companies broke ground on a surprisingly high number of houses in November. The agency says housing starts rose 9% from a year ago, primarily because of an 18% increase in ...
The numbers: Construction of new homes fell 14.7% in March, as home builders scaled back new projects. The pace of construction slowed as builders contended with higher mortgage rates sapping demand.