homebuilding – Business Insider Australia

Markets Jan. 13, 2022, 3:15 PM

Home builders are desperate for quick and inexpensive materials, so they’re turning to Home Depot and Congress for help

Construction projects are delayed because the combined supply chain crisis and housing demand means builders can't get materials fast enough.

Markets Aug. 13, 2021, 3:23 PM

49% of lumber dealers are now reporting excess stock as prices cool after a wild run

Before lumber's precipitous rise, supply conditions tended to be relatively stable.

Markets Aug. 11, 2021, 3:05 PM

Homebuilders are purposely delaying selling homes, and it’s intensifying the housing crisis

Corporate homebuilders are making houses more expensive by saying no to new potential sales. It's pushing millennial homeownership out of reach.

Markets May. 21, 2021, 6:22 PM

April’s red-hot housing market saw nearly half of homes sell in less than a week, Zillow says

Amidst a housing shortage, Zillow found 47% of US homes were on the market for less than a week in April, and 76% on the market for under a month.

Markets May. 20, 2021, 1:46 PM

It’s too expensive for builders to solve the housing shortage

Just when the US needs the pace of homebuilding to pick up, builders' new starts dropped in April. Lumber and land and workers are just too expensive.

Markets Oct. 23, 2020, 3:11 AM

US existing home sales spike to fastest rate since 2006 as housing-market boom accelerates further

Sales of previously owned homes leaped 9.4% in September to a seasonally adjusted annual rate of 6.54 million, the National Association of Realtors announced Thursday. The reading marks the fourth-straight month of accelerating sales, and the latest rate is the fastest since 2006. Economists surveyed by Bloomberg expected the sales […]