Surging mortgage rates and record high home prices are pushing prospective buyers to the sidelines, and a slowdown in demand is forcing builders to make concessions
Housing costs are soaring to record highs, and while price tags for newly constructed homes trump sale prices for pre-existing homes, starting from scratch could offer some benefits
Housing starts fell in September, but as a growing number of would-be buyers are pushed out of home purchases, demand for new multifamily rental units is rising
A market correction forced a large share of would-be buyers to put off their home purchasing plans, but with more rate hikes on the horizon, demand for new homes is on the rise