by | Jun 19, 2024 | Industry News, Latest News, National, News, Premier |
With mortgage rates remaining high, little change in inflation and the Fed still not making any decisions when it comes to a rate cut, homebuilder confidence remains troubled as it hit its lowest reading since December 2023, according to the latest National...
by | Jun 4, 2024 | Uncategorized |
Construction spending fell in April as U.S. companies and the government scaled back projects across the country amid high interest rates. Outlays for single-family home building, however, climbed to the highest level since August 2022. The Commerce Department’s...
by | May 16, 2024 | Industry News, Latest News, National, News, Premier |
With the U.S. still experiencing a housing shortage due to construction halts from the COVID-19 pandemic, housing completions, and starts, should continue to push positive, as each showed true in April—and the need for housing remains everlasting. According to data...
by | May 15, 2024 | Industry News, Latest News, National, News, Premier |
As mortgage rates rose back above 7% in April, and remain high despite a recent decrease, homebuilders are pulling back their hopes for the housing construction market, according to the latest National Association of Home Builders (NAHB) data. The NAHB/Wells Fargo...
by | May 10, 2024 | Industry News, Latest News, National, News |
Confidence in the market for new multifamily housing declined year-over-year in Q1 2024, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). NAHB stated that the MMS produces two separate...