Many offer more land and greater affordability in new-home construction. More Buyers Believe Their Home Search Will Get Easier Single- and multifamily activity in the exurbs makes up only a small share of permit activity across the country, but their quarterly growth rates reached a new high in the first quarter of 2019, according to the National Association of Home Builders’ new Home Building Geography Index.
New-home construction in the U.S. climbed in March to the highest level in almost five years, propelled by a surge in multifamily building that will support economic growth. Housing affordability.
[Washington] In a sign that housing affordability is becoming a growing issue nationwide, as of the first quarter of 2019 exurbs were the only region that registered single-family permit growth on a year-over-year basis, according to the new National Association of Home Builders (nahb) home building geography index (hbgi).
Rising property values and increased housing demand led to the record numbers, "as shrinking affordability spread across Central. like buying a house. Rude predicts new home construction will be.
In a sign that housing affordability is becoming a growing issue nationwide, as of the first quarter of 2019 exurbs were the only region that registered single-family permit growth on a year-over-year basis, according to the new National Association of Home Builders (NAHB) Home Building Geography Index (HBGI).
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Rising Construction Costs Affect Housing Affordability June 21, 2016 If you’re looking for a new home in cities like Atlanta and Nashville, brace for some sticker shock: properties are selling at higher prices as builders find it difficult to deliver houses at more affordable prices.
The exurbs were the only area that posted annual growth in new single-family home permits in the first quarter, highlighting an ongoing affordability battle for homebuyers and builders looking for land, according to the National Association of Home Builders. "A shortage of buildable and affordable lots is forcing builders to increasingly look further outside of [.]