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(iStock/Illustration by Kevin Rebong for The Real Deal)
National

Lumber prices at record highs thanks to hot housing market

Lumber prices are rising to record prices, signaling that 2021 could be another strong year for homebuilding. Lumber prices...

Lumber prices at record highs thanks to hot housing market
Lennar's Stuart Miller, Rick Beckwitt and Jon Jaffe (Lennar; iStock)
National

Lennar reports untempered demand for new homes in Q3

The pandemic hasn’t kept Americans from buying new homes, as Lennar Corp. reported earnings, orders and deliveries rose in...

Lennar reports untempered demand for new homes in Q3
Toll Brothers CEO Douglas C. Yearley Jr. (Credit: iStock)
National

Pandemic takes a Toll: Builder’s profits drop 42%

As coronavirus battered the residential market, Toll Brothers said its second-quarter profits dropped nearly 42 percent from a year...

Pandemic takes a Toll: Builder’s profits drop 42%
(Credit: iStock)

TRD Insights: Homebuilder confidence rebounded in May

Homebuilder confidence in May improved from horrible to merely bad. The National Association of Homebuilders/Wells Fargo preliminary Housing Market...

TRD Insights: Homebuilder confidence rebounded in May
The U.S. is short 3.8 million new homes
National

US is short nearly 4M new homes: report

The housing shortage in the U.S. is deepening despite strong demand, and a new report found that builders must construct nearly four million new homes to catch up. Almost 9.8 million households were formed...

US is short nearly 4M new homes: report

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