Tag: Robert Dietz
Multifamily developer confidence up, but remains in negative territory
The two main confidence indexes for multifamily housing increased slightly in the fourth quarter.
Remodeling market sentiment slipped in fourth quarterÂ
Inflation caused many customers to pull back on remodeling projects in the final quarter of 2022.
Builder confidence plunges as affordability woes mount
This marks the lowest Housing Market Index reading since May 2020 and the second largest single-month drop in the history of the HMI.
Single-family construction growth slowing in large suburbs
Micro counties, or small towns, were the only category to post an increase in growth.
New home sales dip in February
Higher mortgage rates and construction costs pushed new home sales lower in February.
Multifamily builder confidence ends 2021 on a high note
Confidence in the market for new multifamily housing improved in the fourth quarter of 2021.
Single-family housing production dips in October
Single-family housing production lagged in October due to supply-chain effects for materials and ongoing access issues for labor and lots.
Builder confidence rides strong demand as supply side challenges persist
Low existing inventories and strong buyer demand helped push builder confidence higher for the third consecutive month.
Single-family housing starts flat in September
The September reading of 1.56 million starts is the number of housing units builders would begin if development kept this pace for the next 12 months.
New home sales up in August
Strong demand, low interest rates and fewer existing homes for sale helped contribute to an uptick in new home sales in August even as home prices continue to rise.