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U.S. Home Prices up 1.29% Yearly

U.S. Home Prices up 1.29% Yearly

Current tracking showed US single-family existing home prices ↑~1.3% yearly, signaling a modest national gain rather than a sharp swing in overall housing values. The measure focused specifically on single-family existing homes, keeping attention on one important...
US Builder Confidence Posts Mid-Q2 Gain

US Builder Confidence Posts Mid-Q2 Gain

Builder confidence ↑3 points from Early-Q2 to 37 in Mid-Q2, topping forecast 34, while still below the 50 favorable threshold for new homes. Current sales ↑3 points to 40; expected sales over next 6 mo ↑3 to 45; prospective buyer traffic ↑3 to 25 nationally. Regional...
Government Standards Enhance Quality and Value of New Homes

Government Standards Enhance Quality and Value of New Homes

Government regulations add about $132,000, or 26.4%, to the cost of a typical new single-family home, worsening housing affordability. Regulatory costs have risen 40% since 2021, with building code changes adding the largest burden. Delays and extra development...
NAHB Index: Opportunities Emerge Amid Affordability Challenges

NAHB Index: Opportunities Emerge Amid Affordability Challenges

Builder confidence in the housing market declined in June, with the Housing Market Index dropping 2 points to 35, marking the 26th consecutive negative reading. Current sales fell to 38, expected sales remained at 45, and buyer traffic stayed at 25. Regionally, the...
Why Home Sales Are Poised to Pick up This Summer

Why Home Sales Are Poised to Pick up This Summer

Slide 1 More buyers are returning—mortgage rate locks jumped 14% year-over-year, the strongest signal of rising home sales in over three years. Slide 2 Buyers aren't waiting for ultra-low rates anymore—they're realizing today's market may be the new...