Multifamily Developer Confidence Increases in Second Quarter
Indices from the National Association of Home Builders’ Multifamily Market Survey (MMS) have increased confidence among multifamily developers as both
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Market Data
The Current Market Share of Modular Homes
Non-site built single-family homes, including modular and panelized, account for 3% of all single-family home construction in 2024. The trend
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US home price insights — August 2025
The turbulent forecast of the housing market is poised to undergo transition, according to this month’s insights from Cotality. While
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NAHB on Foundation Type Trend
Basements and crawl spaces are on the decline in favor of slab foundation. According to the NAHB analysis of the
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It’s a No-Bust Scenario for National House Prices
Data from June and July point to signs that affordability has steadily improved over the past six months thanks to
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NAHB Eye On Housing July Report
The National Association Of Home Builders (NAHB) released its July Eye On Housing report, an analysis of economic and housing
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Redfin Metro Housing Market Update
Redfin reports based on year-over-year changes on the most populous metro markets and the housing market trends. The metro areas of
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Freddie Mac CFO Discusses Second Quarter 2025 Results
Jim Whitlinger, Freddie Mac’s CFO, addressed the second quarter performance in a press conference on July 31, 2025. Freddie Mac
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Redfin Reports: Starter Home Sales Increase in June
Starter home sales are at the highest level since June 2023, a glimmer in the otherwise soft market. The increase
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Existing home sales retreat to nine-month low
In June, home prices climbed and hit another record high while existing home sales dropped in its 9 month low.
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Rising Construction Wages Emphasize Continued Labor Shortage Troubles
The individual hourly wages rose 21.1% from 2021 to 2024 for construction works despite the overall number of construction jobs
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The Multifamily Reset is Taking Shape
Insights from leading operators, strategists, and consultants share what’s now and next within the multifamily and build-to-rent market. While the
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Federal Reserve Board Member Adriana Kugler Gives Speech
At the Housing Partnership Network Symposium, Federal Reserve Board Governor Kugler outlined housing supply and demand factors that impact construction
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Construction Sector Jobs Data Show Increase in June
According to the Bureau of Labor Statistics, the construction industry showed a net positive 15,000 jobs in June. While 26
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Housing Cost Burden Reaches Decade-Long Peak, Straining Homeowners
Homeownership is becoming less affordable for many Americans, especially younger buyers and older adults trying to age in place. Between
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Homebuyers Gain Purchasing Power As Rates Dip to Lowest in 3 Months
The average mortgage rate fell to 6.67% in early July, giving homebuyers a $16,000 boost in purchasing power compared to
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This Week’s Framing Lumber Prices
Softwood lumber prices held steady at $422 per 1,000 board feet on July 4, 2025, the lowest since October 2024,
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2024 Multifamily Construction: Units Completed Reaches 38-year High
Multifamily housing completions hit their highest level since 1986 in 2024, with 608,000 units finished, according to the NAHB’s analysis
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Millions of Homes Are Vacant in the U.S.
Home vacancy rates provide insight into housing demand, with high rates often signaling oversupply or reduced demand, which can impact
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Solid Job Growth in June
The U.S. labor market remained strong in June, with job growth driven mainly by state and local government and health
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US home price insights — July 2025
Home price growth has slowed significantly nationwide, with May marking the first time in over 13 years that annual gains
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Two or More Story Home Starts Rebound in 2024
In 2024, more than half of the new single-family homes built were two or more stories, reversing a slight dip
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May Private Residential Construction Spending Dips
Private residential construction spending declined for the fifth consecutive month in May, falling 0.5% due to reduced investment in single-family
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Pending Sales Fall As Home Prices Hit Another Record High
Home sellers are increasingly pulling back as the market shifts in favor of buyers, with new listings rising just 2.5%
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Elevated Rates are Challenging Affordability Conditions
High mortgage rates and economic uncertainty continued to sideline buyers in May, causing new single-family home sales to fall 13.7%
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FHA to Cut All Multifamily Mortgage Insurance
The FHA is proposing to lower multifamily mortgage insurance premiums (MIP) to a flat 25 basis points, the legal minimum,
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Mortgage Rates Hold Steady Despite Modest Uptick
In June, average mortgage rates remained steady, with the 30-year fixed rate at 6.82% and the 15-year at 5.95%, both
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Skilled Labor Shortage Costing U.S. Homebuilders
A new report by the Home Builders Institute and NAHB, conducted by the University of Denver, reveals that the U.S.
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Real Estate Mortgage demand drops to the lowest since April
Despite a drop in mortgage rates to their lowest level since April, mortgage applications for home purchases fell 3% last
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House Price Appreciation by State and Metro Area
In early 2025, the pace of home price increases began to slow down, growing by 4.7% compared to the same
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Mortgage Applications Dip in May amid Refinance Slowdown
Mortgage applications dropped by 5.5% in May, mainly due to a sharp decline in refinancing activity, according to the Mortgage
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