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  • Vinyl and Stucco are the Most Common Siding On New Homes

    The most common exterior wall materials on homes started in 2017 were vinyl and siding.┬áVinyl siding was used on 27 percent of the new homes started in 2017, followed closely by stucco (25 percent), brick or brick veneer (21 percent), and fiber cement …

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  • Existing Sales Steady

    Existing-home sales were unchanged in August, and are 1.5% below the level a year ago. The first-time buyer share of 31% was down from 32% last month and unchanged from a year ago. The National Association of Realtors reported that 52% of homes sold in…

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  • Housing Starts Rise in August

    Total housing starts posted a gain in August, led by a jump in multifamily production. However, weaker single-family permit data and expected disruption effects from Hurricane Florence will place downward pressure on starts data next month. Total housi…

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