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Multifamily housing starts and permitting activity drop 10% year-over-year

The past year saw over 1.4 million new homes added to the national housing inventory. Despite the 4% growth in units, both the number of new homes under construction and the number of permits dropped year-over-year. ....

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U.S. Permits & Housing Starts Drop Year-Over-Year; Only 90 of 384 U.S. Metros See Increases

At the beginning of 2022, residential construction was humming along as demand was still fueled by the pandemic buying frenzy. But, that’s changing: During the first six months of 2023, both permits and started units recorded significant year-over-year drops. ....

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Where Are the Most Affordable Suburbs?

With high home prices, suburbs are becoming a much more viable option for homebuyers looking to save. But, where are the most affordable suburbs located? ....

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A Look at Residential Construction Trends Over the Past Decade

Point2’s new analysis of construction data from 2012 to 2022 found that new construction has stayed strong, but permits have been falling. ....

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