Housing starts fall to lowest point since 2020, led by a stall in the Sun Belt
Housing starts fell 7.8% year-over-year in October, led by steep declines in the Sunbelt and Mountain West regions.
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Toll Brothers announces Karl Mistry as new CEO, Doug Yearley to become Executive Chairman
Karl Mistry becomes CEO as Toll Brothers leans on high-income buyers and plans its complete exit from the multifamily business.
Lennar sells majority stake in multifamily business, signaling strategic shift
Lennar sold a majority stake in Quarterra to TPG amid a $75 million loss in 2025, enabling the builder to focus more on core homebuilding.
Lennar targets margin stability with operational efficiency and steady volume
Lennar is targeting 3% delivery growth in 2026, relying on operational improvements and a land-light strategy to manage margin pressures and support affordable supply.
Homebuilder confidence ticks up but remains low
Builder confidence rose slightly in December but remains low, with 40% of builders cutting prices and 67% offering incentives. Entry-level homebuilders face the greatest challenges due to shrinking margins and weak demand.
Toll Brothers leans on luxury to navigate homebuilding’s headwinds
Toll Brothers’ focus on affluent buyers and luxury homes supports healthy margins and steady growth, even as broader housing demand remains weak.
As rural housing costs soar, financing affordable housing remains a hurdle
Rural affordable housing development is hindered by limited financing options. Lenders and investors often overlook smaller rural projects, only widening the affordability gap.
Hovnanian seeks course correction as stock craters, earnings fall
Hovnanian Enterprises’ stock fell 22.51% on Thursday after the company reported a Q4 net loss and declining margins, prompting a shift away from entry-level buyers and an increased emphasis on the active adult segement. Executives expect improved performance in 2026.
California infill builder turns idle lots into housing in land-constrained coastal markets
City Ventures redevelops underused land in coastal California, adding new homes in markets with severe land constraints and housing shortages.
Are mortgage buydowns a lifeline or a risk for new homebuyers?
Large builders’ mortgage buydowns make new homes more accessible but may artificially inflate prices. There’s an open debate regarding the long-term impact for buyers.