Last year was not the best of times for U.S. single-family building permits because high mortgage rates scared away potential homebuyers. At the national level, in 2023 single...
Building permit activity for 2022 was quite consolidated, with the majority of the activity in the Sunbelt or Intermountain states. The 10 largest markets (see chart on page 3...
While the timing and severity of any upcoming recession is uncertain, there’s little doubt that the U.S. housing market’s woes will continue into the near future. While that’s...