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construction costs

A for sale sign is shown for a residential home in Encinitas, California, U.S. July 25, 2025. REUTERS/Mike Blake/File Photo
Mar 19, 2026

US new home sales drop to near 3 1/2-year low in January

US new home sales dropped 17.6% in January to their lowest level since October 2022, impacted by severe winter weather and rising mortgage rates.

Single-family residential homes are shown under construction in Menifee, California, U.S., March 28, 2024. REUTERS/Mike Blake/File Photo
Feb 18, 2026

US single-family housing starts rebound in January, building permits decline

U.S. single-family housing starts increased 4.1% in December, while permits for future construction declined 1.7%, reflecting challenges from high costs and mortgage rates.

Virginia multifamily housing market shows signs of cooling
Sep 1, 2025

Virginia multifamily housing market shows signs of cooling

Virginia’s multifamily housing cools with fewer new units, slower rent growth, and higher construction costs.

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