Housing Builders and Lenders Agree: Credit is Tightening During the third quarter of 2023, availability loans for residential Land Acquisition, Development & Construction…NAHBNovember 13, 2023
Housing Demand Falls, Standards Remain Tight for Real Estate Loans in Q3 2023 According to the Federal Reserve Board’s November 2023 Senior Loan Officer Opinion Survey (SLOOS), lending…NAHBNovember 10, 2023
Housing Rising Mortgage Rates Push Housing Affordability to Lowest Level in Index History Rising mortgage rates, elevated construction costs and limited existing inventory helped push housing affordability in…NAHBNovember 9, 2023
Housing Square Foot Prices More than Double Inflation in 2022 Median square foot prices (excluding record-high improved lot values) for new for-sale single-family detached (SFD)…NAHBNovember 9, 2023
Housing Consumer Debt Grows at Slowest Pace Since 2020 Consumer credit outstanding growth slowed to 0.4% in the third quarter of 2023 (SAAR) according…NAHBNovember 8, 2023
Housing Small Jump In Mortgage Activity As Rates Decrease Per the Mortgage Bankers Association’s (MBA) survey through the week ending November 3rd, total mortgage…NAHBNovember 8, 2023
Housing Type of Parking Facility of New Single-Family Houses Completed: 2022 Data A majority of new homes that completed construction in 2022 included two-car garages (66%), according…NAHBNovember 6, 2023
Housing Job Growth Slows in October – Good News for Interest Rates Job growth decelerated in October. Total nonfarm payroll employment increased by 150,000 and the unemployment…NAHBNovember 3, 2023
Housing New Single-Family Home Foundations in 2022: Geographic Shifts NAHB analysis of the Survey of Construction (SOC) shows that 70% of all new single-family…NAHBNovember 2, 2023
Housing Fed Pauses Again: Housing in Focus The Federal Reserve’s monetary policy committee held the federal funds rate at a top target…NAHBNovember 1, 2023