Shares of D.R. Horton rose the most in more than five years as the homebuilder posted earnings that beat expectations even as the US housing market remains sluggish. Horton shares surged as much as 14% after the company released results for the fiscal third quarter, the biggest intraday gain since April 2020. The builder’s stock […]
D.R. Horton jumps on profit beat despite soft housing market Read More »
Century Communities Inc. — one of the largest homebuilders in the U.S. — will expand into Nevada for the first time through its Century Complete brand. New homes are planned at Ishani Ridge in Pahrump, Nevada, with sales expected to begin in August and prices starting in the range of $260,000. The new development will
Homebuilder Century Communities expands into Nevada Read More »
In a move to overhaul how California manages its housing and homelessness response, Gov. Gavin Newsom has proposed to divide the state’s Business, Consumer Services and Housing Agency into two distinct entities — the California Housing and Homelessness Agency (CHHA) and the Business and Consumer Services Agency. With no veto coming from the California State
California creates office dedicated to housing, homelessness issues Read More »
Today’s housing starts report from the Census Bureau shows that Federal Reserve policy remains too restrictive for housing production to grow, which in the long run impacts the fight against inflation. This is why the data on single-family construction is not improving; in fact, it is getting worse. The unfortunate part is that we don’t need
Single-family construction is getting worse due to rates Read More »
New-home sales have been a relative bright spot in an otherwise stagnant housing market. But that’s changing and homebuilders recognize it. According to June 2025 data released Friday by the U.S. Census Bureau, single-family home construction is down year over year at every stage of the process. This includes permits (-8.4%), starts (-10%), completions (-15.5%)
Single-family home construction declines are accelerating Read More »
US housing starts rebounded in June on the strength of multifamily building, while weakness in the larger single-family market pointed to ongoing struggles with bloated inventories and affordability constraints. New residential construction increased 4.6% to an annualized rate of 1.32 million homes last month, picking up after an almost 10% slide in May, according to
Housing starts rebounded in June on apartment construction Read More »
Homebuyers seemed to look past high mortgage rates in their efforts to purchase newly constructed homes last month, offering a bright note amid a broadly uneven housing market. Mortgage applications for new homes increased 8.5% year-over-year in June, according to the Mortgage Banker Association. Applications were down 4% from May, but the report noted that
June sees uptick in new-home loan demand Read More »
U.S. Reps. Tom Suozzi (D-N.Y.) and Nicole Malliotakis (R-N.Y.) have introduced the Housing for US Act — a bipartisan proposal aimed at easing the national housing shortage by investing federal funds into the construction of millions of new homes for middle-class Americans. The bill, which is currently awaiting committee review, calls for up to $250
Bill aims to construct homes with proceeds from future GSE release Read More »
DALLAS, TX — July 15, 2025 — HW Media, the parent company of HousingWire, has acquired The Builder’s Daily (TBD), the trusted editorial voice for the homebuilding industry. The acquisition marks a significant step in HW Media’s strategy to deliver market intelligence, editorial excellence and professional community across the entire housing ecosystem — from new
HW Media acquires The Builder’s Daily Read More »
Housing inventory growth has been a blessing for the existing home sales market, cooling price growth and giving homebuyers a bit more advantage in 2025. However, as we all know, the inventory growth has been detrimental to the homebuilders this year. On Monday, Mark Zandi, chief economist at Moody’s Analytics, posted on X about the
Housing inventory growth: Good for buyers, bad for builders Read More »