Tariff-exclusion Bill for Building Materials Progresses
New legislation that would eliminate tariffs on many building materials is working its way through Congress. Introduced by California Rep. Nanette Díaz Barragán, the Housing Tariff Exclusion Act (H.R. 10416) is aimed at lowering housing costs by establishing a tariff exemption process for key building materials. It was referred to the House Committee on Ways […]
New Study Shows Housing Prices Coming Down
The Realtor.com 2026 Forecast Midyear Update found home price growth is only 1.2 percent, effectively a decline in real terms. Even with modest price growth, the real estate firm had good news on housing prices as it sees things picking up in the second half of the year, given the resilience of the American economy. […]
The Great American Home Buying Trend is Alive and Well
Even as the housing market continues to be slow, a new survey shows current homeowners will buy again. More than half of current homeowners — 52 percent — said they fully expect to be back in the market for another home sooner or later. And more than a fifth of those people — 22 percent […]
What Are the Top Ten Housing Markets for 2025?
Some of the usual suspects turn up on Realtor.com’s list for this year, but there are a few surprises too. It’s not a surprise that the best housing markets for 2025 come exclusively from the U.S. South and the West but the individual metropolitan areas might offer a few unexpected choices. Realtor.com’s rankings for the […]
Why the “Missing Middle” Is an Opportunity for Home Builders
Between the single family and large multi-family buildings that dominate home building today lies an underdeveloped middle. The so-called “middle” sector of the U.S. homebuilding market – the medium-density structures like duplexes, triplexes and townhouses – grew just 11 percent nationwide over the past 20 years, contributing to the overall shortage in homes in the […]
Are Lumber Prices Stabilizing as 2025 Approaches?
New data suggests that pricing for lumber will be more predictable giving builders more confidence in pricing. Madison’s Lumber Reporter, the well-regarded source for pricing information, is forecasting more stability going forward for lumber producers and end-users. “Given that the macroeconomic indicators and specific factors affecting the lumber industry last year are well known,” Keta […]
Zillow Now Forecasting Stronger Housing Prices for 2024
The real estate site has raised its outlook for housing prices this year, predicting a more robust marketplace. As one of the more popular websites for the U.S. residential real estate market, Zillow has its fingers on the pulse of housing price trends, so its just released upgrade of its forecast for this year is […]
Don’t Mess with the Fed
New research from an industry consulting group says the Federal Reserve is going to do what it does. Anyone in the building supply business who is hoping for some imminent relief in interest rates that might rekindle housing construction should probably hope for something more realistic – like winning the lottery or meeting Santa Claus. […]