Housing Homeownership Rate Unchanged at 66% The Census Bureau’s Housing Vacancy Survey (CPS/HVS) reported the U.S. homeownership rate at 66% in…NAHBMay 3, 2023
Housing Private Residential Construction Spending Dips in March Private residential construction spending inched down 0.2% in March, as spending on single-family construction decreased…NAHBMay 1, 2023
Housing Improved Affordability Expectations Lead to More Engaged Buyers Improvements in affordability expectations have led to an increase in the share of prospective buyers…NAHBMay 1, 2023
Housing Personal Income Rises 0.3% in March The most recent data release from the Bureau of Economic Analysis (BEA) showed that personal…NAHBApril 28, 2023
Housing Housing Affordability Expectations Improve Relatively lower interest rates (compared to fall 2022), slowing growth in home prices, and builder…NAHBApril 28, 2023
Housing Housing Share of GDP Lower in the First Quarter of 2023 Housing’s share of the economy moved lower at the end of the first quarter of…NAHBApril 27, 2023
Housing Economic Growth Weakens in the First Quarter In the first quarter of 2023, economic growth slowed to an annual rate of 1.1%,…NAHBApril 27, 2023
Housing Housing Availability Expectations See Mild Improvement After souring significantly in the final quarter of 2022, buyers’ expectations of housing availability edged…NAHBApril 27, 2023
Housing Lower Rates Spark Housing Demand The retreat in mortgage interest rates during the first quarter of 2023 (from the 20-year…NAHBApril 24, 2023
Housing Lack of Existing Inventory Continues to Support Builder Sentiment Builders remained cautiously optimistic in April as limited resale inventory helped to increase demand in…NAHBApril 17, 2023