The funds aim to address barriers to affordable housing Nearly $85 million in grant funding has been awarded to clear the way for more affordable housing to be built across the nation. The first 21 awards under the federal Pathways to Removing Obstacles to Housing (PRO Housing...
The Zonda chief economist examines the latest millennial dynamics and what that means for housing. Zonda recently completed its seventh annual millennial survey. The results provide detailed insight into the minds of the largest living generation as they think about buying,...
Columnist Tim Costello compares recent advancements to the printing presses of old I attended the Domus Ex Machina session at SXSW earlier this month, presented by ICON. CEO Jason Ballard hosted the event with his passionate, high energy, and challenging style in full display. I...
Amid a housing shortage and an affordability crisis, US homebuilding heated up in February as builders anticipate demand for new homes to stay strong. One sure way to improve affordability is to increase the availability of apartments to rent and homes to buy. In areas of the country where...
AI can identify hazards by analysing data and identifying patterns. Some algorithms can even predict machinery malfunction before it occurs. As technology continues to advance rapidly, industries across the board are recognising the benefits of integrating it into the workplace....
Zonda chief economist Ali Wolf’s top 3 things to watch as the weather warms and buyers emerge from hibernation. With the Super Bowl behind us, it’s time get ready for the spring selling season. Traditionally, the months following the big game produce the strongest home sales activity of...
Texas Builder Acquires Middle Tennessee-Based Counterpart in Latest Transaction The Jones Company, a Nashville-based homebuilder, has been acquired by CastleRock Communities, a Daiwa House US homebuilder based in Houston, Texas. Ranked among the top 50 homebuilders in the...
Interest rates will continue to dictate the outcome of Canada’s housing market in 2024 with the first and second halves showing different pictures. We expect slow activity and softer prices to persist in the early part of the year as the Bank of Canada maintains its policy rate at a two-decade...
Builders ride falling mortgage rates to an increase in builder sentiment For the second consecutive month, homebuilders have become more optimistic. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report rose seven points month-over-month...
Here are the top five homebuilding industry trends to watch for in 2024: Growth in New Construction While interest rates have had a big impact on the demand for new construction, we expect to see growth in our industry in the coming year, especially if rates go down by mid...
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