#housing-market

#housing-market

A modular home provider has seen an increase of over 400pc in enquiries since it was revealed the Government intends to further relax restrictions around their use.

Ginsburg stated that treating builder business as a core pillar rather than a side channel reflects a broader industry shift. He believes a healthy balance of builders should be around 15% to 20% of the overall retail book of business.

High energy prices are kryptonite for the housing market. Affordability, especially for those first-time home buyers, is now an elusive dream until oil prices come down and interest rates come down.

Miami was hyped as the next Silicon Valley during the pandemic, but the city saw one of the highest rates of domestic out-migration last year of any major city, indicating that it is a hotspot no more.

The northeast corner became a symbol of Texas growth: prices soared, commutes stretched and master-planned communities stacked up so tight you could borrow sugar through the fence.

The February PAPI declined over the month and is nearly 10% lower than a year ago, reflecting both reduced payments and steady income growth, Edward Seiler said. While affordability conditions remain challenging in many markets, these incremental gains felt across more than half of states are an encouraging sign for prospective buyers, particularly those seeking lower-payment options.

Active listings jumped 32.9% year-over-year to 1,446 homes in February - nearly four times the national growth rate of 7.9%. New listings also ticked up 3.8% compared to a year ago.

Groundworks plans to create 5,000 skilled trades jobs over the next five years as demand for structural and moisture remediation grows across the aging U.S. housing stock.