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Monthly Mortgage Payments Outpace Rental Costs Nationwide

Pro Builder

In the Raleigh-Durham area in North Carolina, for example, the cost of owning was 42 percent higher than renting in April. and Phoenix. Nationally, the cost of owning is 31 percent higher than renting, but the disparity is greater in metropolitan areas where housing prices have surged, the report said. New-Home Sales.

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Single-Family Home Prices Up 14.6% in April Nationwide

Pro Builder

CNBC reports that the cities with the highest year-over-year price increases were Phoenix, San Diego, and Seattle, all of which posted more than 20% price advances. Five cities – Charlotte, North Carolina, Cleveland, Dallas, Denver and Seattle – saw their largest annual gains ever. “We That’s up from March’s 13.3% from 12.9%

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May Home Price Increase Breaks S&P Case-Shiller Record

Pro Builder

Every metro tracked in the 20-city composite recorded price increases while Phoenix, San Diego, and Seattle posted the highest annual gains of the 20 cities. Phoenix home prices were 25.9% Five cities – Cleveland, Dallas, Denver, Seattle and Charlotte, North Carolina – saw their all-time highest annual gains.

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Pandemic Slows Single-Family Rent Growth to Decade Low

Pro Builder

Phoenix is still seeing strong rent growth at 6% year-over-year. Tucson saw the second highest at 3.5%, followed by Charlotte, North Carolina at 2.9%. This change has mainly influenced higher-priced rentals, as lower-priced homes continued to see rents raised. Rent growth also varies widely by city.

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NAHB Chairman's Message: Developing a New Generation of Home Building Professionals

Pro Builder

North Carolina ‘Be Pro Be Proud’ Program Seeks to Boost Workforce Development. with others slated to open this year in Houston, Phoenix, Sacramento, Calif., The skilled labor shortage is adding to construction delays and affecting housing affordability. Building the Pipeline for Next-Gen Skilled Labor. and Charlotte, N.C.

NAHB 105
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Proposals for changes to the International Green Construction Code are due by January 10

Green Building Law Update

But it is surprising to many that adoption has not been faster and broader. It may be that mandatory green building codes are controversial and fly in the face on the tenets of green building as voluntary stewardship of the Earth; which would explain the large market share that LEED has, as a voluntary third party green building rating system.

Green 120
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Austin, Denver, New York Are Top Startup Ecosystems

Business Facilities

Phoenix, San Antonio, Fort Worth, Seattle and Charlotte are the top five Fastest Growing Cities by population, respectively, in BF’s 15th Annual Rankings Report. “Nashville has become a thriving healthcare hub that is drawing a lot of healthcare-oriented startups to Tennessee’s capital,” Rogers noted.