Home builders will help save America’s sluggish housing market, says Fannie Mae. Now for the bad news.
As the U.S. housing market works through a major shortage of homes, builders appear to be the most valuable players.
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Real Estate & Construction Industry
The latest real-estate industry headlines from MarketWatch
Sales of newly built homes lose some momentum in June
U.S. new-home sales fell 2.5% to an annual rate of 697,000 in June, from a revised 715,000 in the prior month, the Commerce Department reported Wed...
Stocks of Chinese developers jump after Beijing signals support for property sector
Shares of Chinese developers jumped early Tuesday after China's top leadership pledged more policy support and adjustments to property policy, hin...
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Construction spending inches up, showing signs of a recovery in housing
Construction spending rose 0.9% in May, the Commerce Department reported Monday.
U.S. pending home sales fall but the housing market is in recovery mode
U.S. pending-home sales fell in May, the National Association of Realtors said on Thursday.
U.S. new home sales surge in May for third straight month
New home sales at 763,000 annual rate in May versus 680,000 in prior month.
The cost of building a new home is rising at an ‘unprecedented rate,’ Bank of America says
The median sale price for a new house in the U.S. hit $457,800 in 2022, according to a Bank of America report.
KB Home’s stock falls from 16-year high despite blowout earnings and bright outlook
KB Home's strong results and upbeat outlook pleased Wall Street analysts, but the home builder's stock pulled back from a 16-year high.
U.S. housing starts surge as builders rev up single-family home construction in May, while a housing shortage drags on
Construction on new U.S. homes rose 21.7% in May, the Commerce Department said Tuesday.
Home builders turn bullish for the first time in nearly a year amid strong housing demand
Home builder sentiment rose for the sixth month in a row in May, the National Association of Home Builders said.
Investors are building a record number of homes — solely to rent out. Will this hurt aspiring homeowners?
The construction of single-family homes built by investors solely for the rental market is forging full steam ahead.
Arizona limits new construction in fast-growing areas of Phoenix as water supply dwindles
Arizona will not approve new housing construction on the fast-growing edges of metro Phoenix that rely on groundwater thanks to years of overuse and a multi-decade drought that is sapping its water supply.
U.S. construction spending and hiring still going strong
Construction spending rose 1.2% in February, the Commerce Department reported Thursday.
Ryan Serhant on real estate: Bedrooms and home offices rank over price per square foot
Ryan Serhant, of "Million Dollar Listing New York," says scant inventory, return of international buyers, and solar are shaping real estate markets.
Lack of homes for sale stalls pending sales in April as mortgage rates top 7%
U.S. pending-home sales remained flat in April, the National Association of Realtors said on Thursday.
Toll Brothers says homebuyer appetites are improving, and shortage of houses will keep benefiting industry
Shares of Toll Brothers rose after hours on Tuesday after the homebuilder said homebuying appetites had improved into the current quarter.
Real-estate investors flee South for Midwest. Rental growth for the Sun Belt in 2023 is projected at 0%.
Investors are seeing profitability drop in the Sun Belt, according to reports, pushing them towards Midwestern markets
New home sales rise as buyers run out of options in the resale market
New home sales at 683,000 annual rate in April versus 656,000 in prior month.
Housing market supply crunch is pushing aspiring homeowners into new homes, boosting starts by 2.2% in April
Construction on new U.S. homes rose 2.2% in April, the Commerce Department said Wednesday.
