Pro Builder
DECEMBER 12, 2021
Solutions to Housing Affordability. So when I gave you, our readers, the opportunity to submit a write-in response to the question: “What’s needed to enable more affordable housing?” within our annual housing forecast survey (see the results on page 17), I got what I deserved from more than 300 of you. Housing Markets.
Pro Builder
APRIL 17, 2023
The National Association of Home Builders/Wells Fargo Housing Market Index rose one point to 45 in April, and although anything below 50 is considered negative, the latest reading is the highest since September, CNBC reports. Builders said one-third of housing inventory is new construction, compared with historical norms of around 10%.
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Pro Builder
OCTOBER 6, 2022
The housing market may be slowing, but senior economist Jordan Rappaport predicts an upcoming surge in single-family home building . NAHB reports. Fed Economist Forecasts Uptick in Single-Family Construction. Thu, 10/06/2022 - 10:24. million, but a number of challenges remain for regional builders across the U.S.,
Pro Builder
NOVEMBER 3, 2022
As the Federal Reserve continues to raise its short-term rates to cool inflation and slow the housing market, prospective buyers are desperate for a reprieve . Housing Policy + Finance. Given this intended policy stance, a hard landing with a mild economic recession is, in our view, highly likely. for the federal funds rate.
Pro Builder
MARCH 29, 2022
economy, and the housing market is taking the biggest hit. The Federal Reserve enacted its first federal funds rate hike in March, causing a 25 basis-point increase in the short-term interest rate, and economic projections from the central bank point toward six additional 25 basis-point increases throughout 2022. Affordability.
Pro Builder
JULY 29, 2021
When the Fed announced tapering bond purchases in 2013 after the economy recovered from the Great Recession, interest rates spiked quickly and housing softened. The central bank continues to monitor inflation data, including ongoing, elevated levels of commodities and building materials such as and lumber and OSB. Read More. .
Pro Builder
JANUARY 7, 2022
Now, demand for wellness is almost required by weary consumers, pushing the entire housing industry to rethink both public and private spaces, indoors and out, for the next generation of new homes. We wanted to reach a broad audience with this house.”. House size: 4,674 square feet (conditioned space). PROJECT DETAILS.
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