The Associated Builders and Contractors (ABC), a national construction industry trade association representing more than 23,000 members reported on Tuesday […]
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Mortgage Applications Decline for Second Consecutive Week
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey (WMAS), for the week ending Friday, July […]
U.S. Single-Family Detached Spec Home Lot Prices Continue to Escalate
According to the latest U.S. Census Bureau’s Survey of Construction (SOC) data, with additional analysis provided by the National Association […]
U.S. Single-Family Detached Homes Continue to be Built on Smaller Lots
A closer look at the latest U.S. Census Bureau’s Survey of Construction (SOC), with additional analysis provided by the National […]
The NFIB’s Small Business Optimism Index Trended Higher in June but Remains Below 50-year Average
The National Federation of Independent Business (NFIB), one of the largest small business associations in the U.S., reported on Tuesday […]
Permits to Build U.S. Apartments in 2024 are Down Approximately 30% Since the Pandemic
Redfin reported on Tuesday (7-9-24), that builders obtained permits to construct 13 multifamily housing units for every 10,000 people in the U.S. so far this year, down nearly 30% from an average of 18 during the same periods in 2021-2023.
Fannie Mae’s Home Purchasing Sentiment Index Rebounds in June
Fannie Mae on Monday (7-8-24), released the results of its June, Home Purchase Sentiment Index (HPSI). According to the HPSI […]
Mortgage Applications Decline – In the Week Ending 28th June 2024
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey (WMAS), for the week ending Friday, June […]
30- & 15-Year Fixed Mortgage Rates Trekked Higher – in the Week Ending 3rd July 2024
Freddie Mac has released its Primary Mortgage Market Survey® (PMMS) for the week ending Wednesday, July 3, 2024. This week’s […]
ADP® Reports Private Sector Employment Increased but Compensation Growth Slowed in June 2024
According to the ADP® National Employment Report™, released on Wednesday (7-3-24), private sector employment increased by 150,000 jobs in June. […]