The fallout from the regional bank collapses has led to tightening lending conditions, though not on residential mortgages. 

In recognition of New Homes Month in April, it is important to highlight that taxpayers are taking advantage of new home energy-efficiency related tax credits. A recent Internal Revenue Service data analysis by the National Association of Home Builders (NAHB) indicates that more than 800,000 taxpayers claimed a new home-related energy-efficiency tax incentive.  

The share of baby boomers has surpassed millennials and now makes up the largest generation of home buyers, according to the latest study from the National Association of Realtors. 

Housing in the United States needs considerable investment to address energy efficiency, accessibility, and disaster mitigation and recovery, according to a recent report by the Harvard Joint Center for Housing Studies.

Builder sentiment has been edging higher in the early part of 2023 as a significant amount of housing demand exists on the sidelines and resale inventory is limited.

Meanwhile, multifamily growth was robust throughout much of the nation at the end of 2022, with the notable exception in high-density markets.

A new study by Boulder Home Source analyzed data from Zillow for the past five years, across all 50 states to determine which state had seen the smallest rise in house prices.

Buyer incentives, along with stabilizing mortgage rates during the month of January, increased the pace of new home sales for the month. However, in a sign of current market weakness, sales are down 19.4% compared to a year ago.

In most markets, developers face challenges with regulatory costs and delays, and obtaining financing for new construction, according to NAHB.

Housing construction weakened in January as ongoing affordability conditions fueled by high mortgage rates and building material costs challenged the market, said Alicia Huey, chairman of the National Association of Home Builders.