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.
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
Turnkey investment property! This duplex, located between the highly sought-after neighborhoods of Riverside Park and Shady Banks, features two well-maintained 3-bedroom, 1-bath units surrounded by
Active inventory remains above prior-year levels, ↑~2% yearly, giving shoppers more options as growth cooled from ~10% earlier in 2026 to today's pace. Median listing
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