Builder Magazine
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Global
#308119
United States
#95201
Business and Consumer Services/Real Estate
#1081
Articles
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2 days ago |
builderonline.com | Vincent Salandro
The housing market remains challenging for home builders, with housing sentiment dipping to one of its lowest readings since 2012 and housing starts falling to a five-year low. Builders are increasingly leaning on incentives to help find the market as consumer confidence, mortgage rates, and general uncertainty is leaving buyers on the sideline. The NAHB’s latest Housing Market Index (HMI) reflects the challenges facing builders.
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3 days ago |
builderonline.com | Vincent Salandro
Uncertainty is clouding the housing market and there is little indication that record levels of unaffordability will ease anytime soon. High home prices and interest rates have pushed home sales to decades low levels, high rents have left a record level of households cost burdened, and the nation has experienced a sharp increase in homelessness.
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4 days ago |
builderonline.com | Vincent Salandro
Facing softening market conditions, KB Home experienced declines in deliveries, revenue, and orders on a year-over-year basis in the builder’s fiscal second quarter, ended May 31. Despite the declines, the company noted improvements in lowering build times and reducing direct construction costs in the period. The No. 7 company on the 2025 Builder 100 list noted build times decreased by 20% on a year-over-year basis to 140 days overall.
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5 days ago |
builderonline.com | Vincent Salandro
New-home sales continued to slide in May at the same time inventory is growing in the resale market, according to the latest New Home Market Update from Zonda. Zonda’s new-home sales metric, which accounts for both cancellations and seasonality, indicates there were 682,290 new homes sold in May on a seasonally adjusted annualized rate, a 0.9% decline from April and a drop of 5.8% compared to May 2024.
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1 week ago |
builderonline.com | Symone Strong
Fireplace manufacturer Ortal has unveiled a new product offering named Oval. Designed as a statement piece, the new steel-sculpted product is intended to reimagine traditional fireplace design with a modern twist. Offered in a 47-inch model, with additional sizes expected, Oval can be fully suspended or wall-mounted, delivering versatility and seamless integration into contemporary environments.
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