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Homebuilding

America needs more houses, but homebuilders are hobbled by high interest rates

by Henry Epp
Oct 18, 2023
The number of completed homes rose last month. But further up the housing pipeline, homebuilders are starting fewer projects right now.
Joe Raedle/Getty Images
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Adventures in Housing

The economic and logistical realities of straw-bale building

by Maria Hollenhorst
Aug 16, 2023
One couple shares their experience with an alternative construction project.
David and Carrie Chew stand in the wooden frame of their incomplete straw-bale house in 2022.
Courtesy David and Carrie Chew
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Why homebuilders remain confident in spite of high interest rates

by Ali Budner
Jul 19, 2023
High interest rates are hitting the construction industry, but homebuilder confidence keeps growing, given the steady demand for new construction.
With existing inventory still low and mortgage rates still high, more buyers are turning to new construction.
JIM WATSON / Getty Images
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Homebuilders are feeling a bit more confident

by Justin Ho
Jul 18, 2023
Builders find there's high demand for new developments, but they're also finding it harder to convince banks to loan them money.
Despite increased confidence, homebuilders still face a number of challenges. One of those challenges is getting a loan.
Scott Olson/Getty Images
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Homebuilder confidence drops for 12th straight month

by Meghan McCarty Carino
Dec 19, 2022
High mortgage rates are causing homebuilders to pull back. A measure of sentiment has dropped to its lowest level since 2012.
With mortgage interest rates nearly doubling this year, homebuilders are pulling back on new projects.
Frederic J. Brown/AFP via Getty Images
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Some homebuilders are dropping prices as mortgage rates rise, economist says

by Amy Scott , Richard Cunningham and Sean McHenry
Jul 14, 2022
People "desperately want to purchase," but are stepping out of the difficult market, says Ali Wolf, chief economist at Zonda.
"It's a very tricky thing because the builders are trying to drum up demand, while also trying to keep their buyers in backlog — those that have already signed a contract — happy," says Ali Wolf, chief economist at Zonda.
Chris Delmas/AFP via Getty Images
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As new home sales continue to rise, where are the appliances?

by Caroline Champlin
Oct 27, 2021
Some home builders are starting to figure out ways to adapt to shortages by stocking up and using alternative brands.
A lack of durable goods has slowed home building, but buyers have started to adapt.
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Homebuilders are constructing fewer homes ... on purpose

by Amy Scott
Jul 29, 2021
Some companies have decided it's better to hold back right now.
Despite a hot housing market, new data from Zonda show that 85% of homebuilders are intentionally capping their sales.
Justin Sullivan via Getty Images
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Homebuilders are upbeat, despite supply chain troubles

by Mitchell Hartman
Jul 19, 2021
The National Association of Home Builders' index is higher than it's been in decades, driven by strong demand and limited inventory.
Despite supply chain bottlenecks and skilled labor shortages, homebuilders are "very optimistic."
Justin Sullivan via Getty Images
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COVID-19

Home construction is surging, but it's leaving out struggling renters

by Mitchell Hartman
Aug 18, 2020
Apartment market tracking firm RENTCafé predicts apartment construction will be down 12% from 2019 to the lowest level in five years.
Even with the surges in homebuilders' confidence and some construction metrics, there is still an affordable renting housing crisis.
Al Bello/Getty Images
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