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Real Estate

  • Housing starts fall as builders contend with shortage of materials and labor

    U.S. home builders started construction on homes at a seasonally-adjusted annual rate of 1.57 million in April, representing a 9.5% decrease from the previous month's downwardly-revised figure, the U.S. Census Bureau reported Tuesday. Compared with April 2020 though, housing starts were up 67%, though the year-over-year comparison is skewed somewhat by the effects of the COVID-19 pandemic's onset a year ago. The pace of permitting for new housing units increased again in March. Permitting for new homes occurred at a seasonally-adjusted annual rate of 1.76 million, up 0.3% from March and 61% from a year ago. Economists polled by MarketWatch had expected housing starts to occur at a pace of 1.70 million and building permits to come in at a pace of 1.77 million.

  • Here's how to navigate the real estate market's new normal

    The pandemic changed the real estate market for sellers and buyers alike. Here's what to know and how to take advantage of it. video content

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