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Housing Starts Still Down as Building Permits and Completed Construction Rise Slightly

Housing starts fell by 4.5%, while building permits and completed increased slightly at 0.1% and 1%, respectively.

Alicia hueyDanushka nanayakkara skillingtonNational association of home buildersUs census bureauNational associationHome builders

NAHB Economists Forecast Weakening Multifamily Market

At the International Builders’ Show, experts predicted that construction starts will decline this year.

United statesAl iskandariyahFort worthLas vegasRound rockDiana mosherLos angelesDanushka nanayakkara skillingtonSelma heppCorelogic heppNational multifamily housing councilInternational builders showDean schwankeNational associationHome builders international builder showVice president

Multifamily Starts Predicted to Slow From High Production Levels in 23

Washington, DC, February 2, 2023—Multifamily starts are predicted to fall in 2023, following an unsustainable high level of production last year, according to the National Association of Home Builders (NAHB). Meanwhile, the remodeling sector remains on solid ground and will do better than the single-family and multifamily markets in 2023.

United statesAl iskandariyahFort worthWest virginiaLong beachLas vegasRound rockLos angelesDanushka nanayakkara skillingtonInternational builder show in las vegasNational association of home buildersMultifamily starts predictedSlow from high production levelsNational associationHome buildersBuilder show

New home sales leap as prices and rates drop

However, builders are still wary of elevated inventories due to lower sales in the past months

Danushka nanayakkara skillingtonCensus bureauNew home salesMedian home sales priceHousing affordability

NAHB: New home sales inch higher in December | Woodworking Network

NAHB: New home sales inch higher in December | Woodworking Network
woodworkingnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from woodworkingnetwork.com Daily Mail and Mail on Sunday newspapers.

Jerry konterDanushka nanayakkara skillingtonNational association of home buildersUs department of housingUs census bureauUrban developmentNational associationHome builders

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