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Stories Tagged as

Building permits

Housing permits are up for single homes but down for big apartments

by Sabri Ben-Achour
Oct 18, 2024
Builders are shying away from multifamily homes because of supply and cost issues. But single-family homes are cheaper and faster to build.
Builders broke ground on about 5.5% more single-family homes in September than a year ago.
Frederic J. Brown/AFP via Getty Images
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With existing home inventory low, there are economic incentives to build more

by Stephanie Hughes
Jul 21, 2023
But one economist warns it’ll “take decades of building, not just one good year, for the market to come back into a healthy place.”
The number of permits to build new single-family homes rose in June to the highest it's been in 12 months, according to federal data released this week.
Justin Sullivan/Getty Images
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The housing market is finally starting to cool off

by Samantha Fields
Jun 16, 2022
Mortgage rates are up. Realtors are being laid off.
High mortgage rates means reduces the pool of potential homebuyers. Fewer buyers could mean houses are on the market longer, which could prompt sellers to reduce prices.
Chris Delmas/AFP via Getty Images
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Although housing starts slid in January, more building is coming

by Amy Scott
Feb 17, 2022
As that omicron wanes and weather warms, analysts expect building to pick up. That doesn't mean it'll make a dent in the housing shortage.
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Home building remains stuck in the mud

by Nancy Marshall-Genzer
Apr 19, 2019
Last month's flooding did not help matters.
Construction workers are seen outside a new house being built in Monterey Park, California on March 19, 2019. - The Los Angeles metro area is one of the worst areas in the country for first-time home buyers, according to a study released by Bankrate.com, which analyzed the 50 largest metropolitan areas in the country with Los Angeles finishing behind San Francisco as the worst for first-time home buyers. 
FREDERIC J. BROWN/AFP/Getty Images
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