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Construction worker pay grew at the fastest rate in 40 years as builders are desperate to keep up with the real estate boom
The homebuilding sector hired more workers and increased wages in February, which could mean more a…
Alcynna Lloyd,Madison Hoff
I visited a recyclable 3D-printed 600-square-foot tiny home in Maine and saw the future of sustainable homebuilding
The bedroom inside the BioHome3D looked like any typical bedroom.Brittany Chang/Insider
Brittany Chang
Homebuilder stocks surge after earnings reveal improving demand from buyers despite high mortgage rates
I think this improvement attests to the ongoing desire for homeownership that exists in this countr…
Matthew Fox
Home builders are desperate for quick and inexpensive materials, so they're turning to Home Depot and Congress for help
Construction projects are delayed because the combined supply chain crisis and housing demand means…
Alcynna Lloyd
A Japanese homebuilder's stock fell 10% after the boss banned staff from getting vaccinated - and said those who do would be punished
Employees who choose to get vaccinated would be ordered to stay at home indefinitely, without being…
Shalini Nagarajan
Homebuilders may finally be turning a corner as inflation stabilizes and lower mortgage rates bring buyers back into the market
As mortgage rates fall and inflation slows, millennials could revive the US housing market this yea…
Alcynna Lloyd
Homebuilders are fronting thousands of dollars in cash to help buyers reduce their mortgage rate and make homes more affordable
Over 75% of new construction home builders are fronting the cost for mortgage buydowns to attract b…
Robert Davis
It's too expensive for builders to solve the housing shortage
Just when the US needs the pace of homebuilding to pick up, builders' new starts dropped in April. …
Ben Winck
One of America's largest homebuilders just opened its first community in the metaverse as more homebuyers in the real world cancel their orders
KB Homes designed a metaverse community to promote "exploration and engagement" among its customers…
Robert Davis
Homebuilding has more room to fall, and odds for a recovery are 'next to nil' until demand improves, economist says
The housing market is far from a recovery as housing starts slowed again last month, Pantheon chief…
Brian Evans
Lumber falls to a new 2022 low after homebuilder sentiment drops for the 12th month in a row
"NAHB is expecting weaker housing conditions to persist in 2023 and we forecast a recovery coming i…
Matthew Fox
Lumber prices are on the rise again after a brief reprieve this summer, adding to concerns of lingering inflation
Homebuilders like KB Homes have indicated to analysts that despite lumber's spectacular rise and fa…
Matthew Fox
Brittany Chang
49% of lumber dealers are now reporting excess stock as prices cool after a wild run
Before lumber's precipitous rise, supply conditions tended to be relatively stable.
Ethan Wu
Surging mortgage rates spur downgrade of homebuilder stocks by Bank of America as the US housing market slows
Affordability of new homes is declining, with the average monthly mortgage payment up as much as 50…
Carla Mozée
Battered homebuilder stocks may be primed for a new rally as US mortgage rates look set to drop in 2023, Bank of America says
BofA is anticipating a drop in the 30-year mortgage rate to about 5.25% this year - a move favorabl…
Carla Mozée
Many Americans are ditching their dreams of owning a house as recession fears flare, says the CEO of one of the nation's largest homebuilders
The CEO of PulteGroup said that interest and mortgage-rate hikes have created "financial and psycho…
Alcynna Lloyd
Homebuilders are slowing down construction, and it could make it even harder for first-time buyers in the years ahead
As construction costs rise, there are fewer homes being built. It could make it harder for first-ti…
Alcynna Lloyd
An angry teenager spent 6 years digging a hole after getting into a fight with his mom. Videos show how he transformed the dusty pit into an underground home.
After Spaniard Andres Canto fought with his mother, he started digging a hole that became a liveabl…
Joshua Zitser
Homebuilders aren't helping to lower home prices because they too are sitting on the sidelines waiting for inflation and mortgage rates to fall
Many Americans are putting off homeownership until prices drop and mortgage rates are lower. Builde…