New Construction

Lumber prices triple, raising home prices by $36,000
Lumber prices triple, raising home prices by $36,000

Lumber prices have tripled over the past 12 months, driving up the price of the average new single-family home by $35,872. NAHB hopes to alleviate the situation by meeting with the White House, lawmakers and others.

New-construction home sales soar to record highs
New-construction home sales soar to record highs

Low mortgage rates and low inventory levels are making the demand for homebuilding more attractive to buyers in Boston and nationwide.

Biden Administration announces additional 22,000 H-2B visas
Biden Administration announces additional 22,000 H-2B visas

The DHS announcement comes in response to businesses reporting an immediate need for supplemental, temporary guest workers for this fiscal year.

New home construction surges in March, suggesting relief for homebuyers
New home construction surges in March, suggesting relief for homebuyers

Privately owned housing starts jumped 19.4% from February’s revised estimate to a seasonally adjusted annual rate of 1,739,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development.

First-time homebuyers are buying up new construction
First-time homebuyers are buying up new construction

New construction purchases among first-time homebuyers account for almost half of the new home market in 2021.

Who made up the National Association of Home Builders in 2020?
Who made up the National Association of Home Builders in 2020?

The National Association of Home Builders published the results of its Special Study for Housing Economics, highlighting the 2020 annual census of who makes up its members.

Kneeland Street project developer seeks to shift hotel plan to residential
Kneeland Street project developer seeks to shift hotel plan to residential

A downtown Boston developer wants to change its current hotel project to residential, citing shifts in the hospitality industry and the impact it’s faced due to the COVID-19 pandemic.

Caldwell luxury apartment community now leasing units
Caldwell luxury apartment community now leasing units

“Caldwell is more than a place to live, it truly is an experience, and we designed the building to ensure a safe habitual lifestyle.” — Michael Procopio, vice president of development, Procopio Companies

Home sizes expected to rise in post-COVID world
Home sizes expected to rise in post-COVID world

After declining for years, the size of new single-family homes has begun to level off as consumers spend more time at home, a National Association of Home Builders analysis found.

Apartment construction is booming in this Boston suburb
Apartment construction is booming in this Boston suburb

The flight to the suburbs has become a growing preference for buyers, but renters are also finding respite in the outskirts of larger metro areas. That could help continue to drive new construction of apartments in suburbs across the country, according to a new report from Rent Cafe.

Oops! We could not locate your form.