What to expect from homebuilders in 2023
Built’s Chris Boyd sits down with HousingWire to discuss homebuilder trends to watch in 2023 â including supply, demand, labor and lending.
Built’s Chris Boyd sits down with HousingWire to discuss homebuilder trends to watch in 2023 â including supply, demand, labor and lending.
Available home inventory has remained low since the previous Federal Reserve Beige Book report, as many sellers have decided not to list.
New U.S. home construction declined for a fourth-straight month in December, wrapping up a disappointing year for an industry that saw annual housing starts fall for the first time since 2009. Residential starts decreased 1.4% last month to a 1.38 million annualized rate, a five-month low, according to government data released Thursday. New construction fell … [Read more…]
Housing starts declined slightly in November, but economists are more troubled by the lack of building permits issued to homebuilders.
Looking ahead, there is much to be positive about as the homebuilding industry continues to navigate the current landscape.
New home sales rose by 5.8% in November, beating expectations. But homebuilders aren’t out of the woods.