The U.S. government is reporting that privatelyโowned housing starts in March were at a seasonally adjusted annual rate of 1,793,000, which is 0.3% higher than Februaryโs revised number and 3.9% higher than one year ago.ย Marchโs rate for units in buildings with five units or more was 574k.ย Privatelyโowned housing units authorized by building permits [...]
The post Housing Starts & Building Permits Up Slightly in March appeared first on Real Estate Investing Today.
The U.S. government is reporting that privatelyโowned housing starts in March were at a seasonally adjusted annual rate of 1,793,000, which is 0.3% higher than Februaryโs revised number and 3.9% higher than one year ago.ย Marchโs rate for units in buildings with five units or more was 574k.ย Privatelyโowned housing units authorized by building permits [...]
The post Housing Starts & Building Permits Up Slightly in March appeared first on Real Estate Investing Today.
The average price of a new home in Dallas-Fort Worth jumped more than $12,000 last month and is up over $60,000 in the past year. The median price for existing homes increased 21.5% to $376,500 year over year.
The average price of a new home in Dallas-Fort Worth jumped more than $12,000 last month and is up over $60,000 in the past year. The median price for existing homes increased 21.5% to $376,500 year over year.
The number of homes being sold in Dallas-Fort Worth without ever hitting the Multiple Listing Service is climbing โ exacerbating a severe inventory shortage โ and the trend is especially prevalent at the luxury level, residential real estate agents and executives say.
The number of homes being sold in Dallas-Fort Worth without ever hitting the Multiple Listing Service is climbing โ exacerbating a severe inventory shortage โ and the trend is especially prevalent at the luxury level, residential real estate agents and executives say.
North Texas new home sales climbed last month and pending sales are rising, signaling continued strength in the housing market moving into the summer despite inventory challenges, rising mortgage rates, inflation and other headwinds. New home prices also continue to climb, setting another record last month.
North Texas new home sales climbed last month and pending sales are rising, signaling continued strength in the housing market moving into the summer despite inventory challenges, rising mortgage rates, inflation and other headwinds. New home prices also continue to climb, setting another record last month.
The portion of wages required to own a home has risen sharply nationwide, and that trend is playing out in spades in North Texas. In Collin County, for example, major home ownership expenses gobble up 44.1% of median annual wages, and in Denton County, it's 51.3%. Nationwide, it's risen this quarter to 31.5% as the median price of a single-family home has hit a new high.
The portion of wages required to own a home has risen sharply nationwide, and that trend is playing out in spades in North Texas. In Collin County, for example, major home ownership expenses gobble up 44.1% of median annual wages, and in Denton County, it's 51.3%. Nationwide, it's risen this quarter to 31.5% as the median price of a single-family home has hit a new high.
This story is the fifth in a series looking at the health of the construction industry in regions throughout the country. Total construction starts in the South region increased 13% in 2021, similar to the national start growth of 14%, according to a Dodge Data & Analytics construction outlook webinar. โContrary to the outmigration weโre seeing in the Northeast and the Midwest, the South has seen net migration into the region over the past two years,โ said Sarah Martin, senior economist at...
This story is the fifth in a series looking at the health of the construction industry in regions throughout the country. Total construction starts in the South region increased 13% in 2021, similar to the national start growth of 14%, according to a Dodge Data & Analytics construction outlook webinar. โContrary to the outmigration weโre seeing in the Northeast and the Midwest, the South has seen net migration into the region over the past two years,โ said Sarah Martin, senior economist at...
DFW new home sales jumped last month and so did new home prices. The one less-than-rosy data point for builders was pending new home sales, which fell statewide and in North Texas โ potentially signaling a slowdown ahead.
DFW new home sales jumped last month and so did new home prices. The one less-than-rosy data point for builders was pending new home sales, which fell statewide and in North Texas โ potentially signaling a slowdown ahead.
New home registrations in the UK have increased by 25% in the first quarter of 2022 compared to the same period last year, according to new data released by the National House-Building Council (NHBC).ย The data found that 45,991 new homes were registered to be built in Q1, compared to 36,665 in Q1 last year. ...
This story continues at UK new home registrations hits 45,991 in Q1: NHBC
Or just read more coverage at Mortgage Finance Gazette
New home registrations in the UK have increased by 25% in the first quarter of 2022 compared to the same period last year, according to new data released by the National House-Building Council (NHBC).ย The data found that 45,991 new homes were registered to be built in Q1, compared to 36,665 in Q1 last year. ...
This story continues at UK new home registrations hits 45,991 in Q1: NHBC
Or just read more coverage at Mortgage Finance Gazette
