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Real Estate Trends

Construction Market Trends for August 2024

Construction Market Trends for August 2024

By Data Team September 12, 2024 3 Min Read

New construction activity for the US continued the pattern from July 2024 and decreased in August. This means a -5% change for new construction from a year-over-year point of view. Alteration activity also dipped again in August, although…

Construction Snapshot for July 2024

Construction Trends / Market Analysis / Real Estate Trends

Construction Snapshot for July 2024

By Data Team August 21, 2024 3 Min Read

National new construction activity continued the pattern from June and decreased in July 2024. From a year-over-year growth perspective, this corresponds with 0% growth for new construction. In a similar vein, alteration activity dipped slightly again in July,…

The Toughest Places to Build: Behind the Scenes of a Wall Street Journal Analysis

Market Analysis / Real Estate Trends

The Toughest Places to Build: Behind the Scenes of a Wall Street Journal Analysis

By Data Team June 2, 2023 11 Min Read

The Wall Street Journal recently asked me to identify and rank the nation’s toughest places to build housing. This blog post provides readers with the full set of rankings, as well as commentary and a rundown of the data and…

Urban Geography, Vacant Lots, and The Stunted Recovery of New Home Construction

Real Estate Trends / Remodeling Trends

Urban Geography, Vacant Lots, and The Stunted Recovery of New Home Construction

By Data Team June 2, 2023 17 Min Read

Summary: Ten years after the housing bust, home prices are rising to new highs and some parts of the country face a crisis of housing affordability yet, by historical standards, new home construction remains remarkably low. Indeed, the…

Renewal of The Existing Housing Stock Depends on Home Sales

Real Estate Trends / Remodeling Trends

Renewal of The Existing Housing Stock Depends on Home Sales

By Data Team June 2, 2023 12 Min Read

Existing home sales often generate construction activity. When sellers address deferred maintenance and renovation before putting homes on the market, or when buyers do so after purchasing a home, the result is a burst of construction activity that…