single family

  • Home Building Outlook

    Home Building Outlook

    The near-term outlook for home building is difficult, even as the long-term supply story remains favorable. Single-family construction weakened in…

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  • Mortgage rates average 6.67%

    Mortgage rates average 6.67%

    According to Freddie Mac’s Primary Mortgage Survey (PMS) released on Aug. 13, 2026, the 30-year fixed-rate mortgage (FRM) averaged 6.67%, a slight decrease from the previous week’s average of 6.69%.

    “Mortgage rates remained relatively stable this week at 6.67%,” said Sam Khater, Freddie Mac’s Chief Economist. “Housing affordability has improved from a year ago and recent increases in purchase and refinance applications suggest that borrowers continue to respond to even modest changes in mortgage rates.”

    A year ago at this time, the 30-year FRM averaged 6.58%.

    The 15-year FRM averaged 5.96%, down from the previous week when it averaged 6.01%. A year ago at this time, the 15-year FRM averaged 5.71%.

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  • The importance of curb appeal in home purchases

    The importance of curb appeal in home purchases

    New data from John Burns Research and Consulting found that 34% of homeowners said that curb appeal played a significant role in home purchases. According to the New Homes Trends Institute, 15% said that lack of curb appeal was a deal-breaker.

    Most potential buyers will not make it past the front yard. From the 1,240 U.S. homeowners who were surveyed in June 2026, buyers said they expect quality landscaping from builders. The report emphasized that most buyers want a lush backyard just as much as they want a beautiful home.

    John Burns Research and Consulting’s monthly survey insights reports provide the latest findings on consumer behavior.

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  • Landmark housing law urges for zoning guidelines

    Landmark housing law urges for zoning guidelines

    The newly enacted 21st Century ROAD to Housing Act directs the Department of Housing and Urban Development to develop voluntary federal guidelines for state and local zoning best practices. Such guidelines will help shape how communities are evaluated for federal grants and give states a model for developing their own enabling legislation.

    According to the National Association of Home Builders, providing these guidelines will address many state and local zoning rules that restrict home building and raise costs. By creating land-use and zoning guidelines with input from a national task force of planning, housing, transit, academic and building experts, this landmark housing law aims to remove regulatory barriers and increase housing production across all income levels.

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  • Builder confidence edges higher in August

    Builder confidence edges higher in August

    According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released on Aug. 17, 2026, builder confidence in the market for newly built single-family homes inched up one point to 35 in August.

    “While builder sentiment edged higher in August, builders continue to contend with high construction costs and broader economic uncertainty,” said NAHB Chairman Bill Owens, a home builder and remodeler from Worthington, Ohio. “However, the Midwest remains a bright spot for the home building industry, with new home sales up in that region more than 2% so far in 2026.”

    “Custom home builders continue to report stronger market conditions than spec builders, reflecting better conditions at the higher end of the market,” said NAHB Chief Economist Robert Dietz. “Smaller, less dense markets are also outperforming larger metropolitan areas, and smaller builders report relatively stronger conditions than larger builders.”

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  • Mortgage rates average 6.67%

    Mortgage rates average 6.67%

    According to Freddie Mac’s Primary Mortgage Survey (PMS) released on Aug. 13, 2026, the 30-year fixed-rate mortgage (FRM) averaged 6.67%,…

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