New home construction cools as more people get priced out of the housing market
July housing starts, a measure of new home construction, plunged 9.6% month-over-month and 8.1% from a year ago, according to the US Census Bureau. After...
Housing Market Faces Growing Risk Of Multi-Year Collapse As New Home Construction Craters
Topline New housing starts unexpectedly plunged more than economists projected in July—and to the lowest level in more than a year—as home builders grappled with...
Home Builders Slash Prices As Buyers Cancel Contracts, Mortgage Rates Rise
Topline Home builder confidence plunged to a new two-year low in August as higher interest rates, lingering supply chain problems and record home prices continue...