Economic

The following is an opinion piece that provides analysis and support for the argument President Trump should walk away from renegotiating the North American Free Trade Agreement (NAFTA).

A recent survey suggests new single-family home sales will increase significantly in the first half of 2018.

The housing starts report released this morning showed starts were down 8.2% in December compared to November, and starts were down 6.0% year-over-year compared to December 2016. 

Trulia identified 10 housing markets to watch in 2018 among the 100 biggest markets, based on five key metrics: strong job growth over the past year, low vacancy rates, high starter-home affordability, more inbound than outbound home searches on Trulia and a large share of people under age 35.

Builders and developers responding to NAHB’s AD&C Financing Survey continue to report easing credit conditions for acquisition, development, and single-family construction loans

The United States’ 25 most populous cities are on the verge of a crisis. In the next year, virtually every major city in the country will face a combined shortfall of more than 3.6 million starter homes, relative to expected demand from Millennials.

We think of a housing bubble as house price growth that isn’t sustainable because it isn’t consistent with underlying fundamentals, like income and job growth. To determine whether a bubble exists, we must look at both factors.

Given the acute construction labor shortage that was already at play before recent natural disasters, reconstruction and its repercussions in residential real estate could pose yet another disaster.

The Census Bureau recently released 2016 multifamily completions data from the Survey of Construction. A total of 159,000 housing units, or 49 percent of all multifamily completions, were in buildings with 50 or more units, more than any other building type.

After hitting a new low in August, new home sales surged in September to their fastest pace in the past decade, according to the latest report released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.