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US homebuilding retreats as housing recovery stalls

Feed SINGLE-FAMILY homebuilding in the US tumbled in March, and while new construction remains underpinned by a severe shortage of previously owned houses for sale, a resurgence in mortgage rates is pushing potential buyers to the sidelines.

Making housing in New York more affordable

Feed NEW York state officials have set the stage to take action on the state’s housing crisis. On Monday (Apr 15), the governor announced a framework for a package of housing laws that would make it easier to build homes and curb the skyrocketing cost of living.

US single-family housing starts plunge in March

Feed US SINGLE-FAMILY homebuilding tumbled in March, and while new construction remains underpinned by a severe shortage of previously owned houses for sale, a resurgence in mortgage rates is pushing potential buyers to the sidelines.