News

Home builders boost sales incentives to 5-year high as they struggle to sell newly built homes

Home builders’ confidence in the housing market fell in August, the National Association of Home Builders said.

US homebuyers can save a staggering $200,000 by building a new home instead of buying a used one — but on 1 condition. Is it still worth it?

On average, a brand new unit is roughly 37.5% more expensive than existing units, according to LendingTree’s analysis. However, the report also discovered something surprising. Potential homebuyers ...
CNBC

What does building a custom home cost? Here's what expenses to expect

The average 30-year fixed mortgage rate hit a whopping 7.23% in August, an eye-watering number for anyone looking to buy a house. And many prospective homebuyers have decided that if they have to pay ...
Marketplace

In the Texas suburbs, building a home is harder under tariffs and immigration crackdowns

The Texas suburbs have been a major driver of home building, but new housing construction in the state has slowed and ...

Carney Unveils $9.4 Billion Plan to Build Affordable Homes

Canadian Prime Minister Mark Carney launched a new government agency responsible for building affordable homes as he aims to ...
Global Construction Review

Canada unveils $13bn housing-crisis plan for modular homes on federal land

Canada yesterday launched a US$9.4bn (CAN$13bn) plan to build what the government called “deeply affordable” housing at scale ...