New single-family home construction fell 9% in April to a 930,000 annual rate, down 2.4% from last year, while total housing starts rose due to an 11.5% increase in multifamily units. Single-family permits dropped 2.6%. Builders face inflation, rising labor costs, and declining home prices, leading to tighter margins and cautious market behavior. The Midwest shows more stability, but overall single-family building is expected to remain under pressure.
Understanding Florida’s Homestead Exemption: A Guide for New Homebuyers in Miami-Dade and Broward
Buying a new home is an exciting milestone, but it comes with its own set of financial considerations. For residents in Miami-Dade and Broward counties,

