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Construction spending increased more than expected in October, mostly thanks to housing

Dec 3, 2024
Meanwhile, commercial and government construction spending actually fell.
Construction of single-family homes could pick up in the new year if interest rates continue to fall.
Andrew Caballero-Reynolds/AFP via Getty Images

Hot real estate these days is also climate resilient

Nov 12, 2024
A new report from Zillow shows that nearly all buyers want these features, and home listings are increasingly touting them.
The share of listings that advertise climate-resilient features — like flood barriers, for example — is up about 20% over last year.
Brandon Bell/Getty Images

How ranch-style homes helped build the American dream

Aug 21, 2024
One of the most popular building styles in the U.S. emerged as a lower-cost pathway to homeownership.
The ranch-style home grew in popularity in the '40s and '50s. "It is the face of suburbia America," says architectural historian Mary van Balgooy.
George Rose/Getty Images

Homebuilder confidence continues to slide as interest rates continue to rise

Sep 19, 2022
Materials and labor costs are up. Building costs will climb further if interest rates on construction loans rise.
Rising interest rates are not only causing potential homebuyers to hold off on purchases, but increasing the cost of home construction.
Frederic J. Brown/AFP via Getty Images

The U.S. housing shortage has doubled in less than a decade, report finds

Jul 15, 2022
A big part of the problem? A lack of new construction and municipal zoning laws that discourage or prohibit multifamily homes.
David Paul Morris/Getty Images

Why are there still so few houses for sale?

May 31, 2022
Sellers who don't want to become buyers and the refinancing craze play roles in the lack of supply.
On a typical day in April 2019, about 1.2 million homes were for sale in the United States. Last month, it was a little over 400,000. 
Frederic J. Brown/AFP via Getty Images

Why there's so much new multifamily construction right now

Apr 21, 2022
Rents are up, providing builders an incentive.
Higher rents in outlying suburbs have been an incentive for builders to construct more apartments.
Al Bello/Getty Images

For public good, not for profit.

Aging housing stock fuels home improvement boom

Feb 23, 2022
Among the beneficiaries: Lowe's and Home Depot.
Lowe's and Home Depot, chains that sell renovation products, reported strong financial results this week. The trend is tied to the undersupply of new homes.
Mandel Ngan/AFP Getty Images

Although housing starts slid in January, more building is coming

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.
Getty Images

Borrowing for second homes to become more expensive

Jan 7, 2022
Demand for vacation homes has crowded out would-be homeowners, but will higher fees make a dent?
Upfront fees for some second-home loans could increase by as much as 3.9% starting in April. Above, beachfront vacation homes in Florida.
felixmizioznikov via Getty Images