US housing market updates
Access US housing market data, insights and forecasts, including prices for key materials like lumber, hardwood, softwood and timber
Navigating the complexities of today’s US housing market requires more than just intuition; it demands reliable price data, unbiased news and comprehensive analytics to make informed decisions. From supply chain disruptions and labor shortages to affordability pressures, interest rate fluctuations and volatile raw material prices, various factors are reshaping the landscape of the US housing market.
Volatility in lumber prices has a direct impact on the cost of construction materials, which in turn affects housing affordability and supply. When lumber prices are high, these costs can be passed onto buyers through higher home prices and cause delays or scale back new construction projects.
Our reflective data solutions offer critical insights into housing market health and raw material price trends and supply chain dynamics to inform your investment strategies, maximizing returns in a fluctuating market.
How Fastmarkets data can help you:
- Transparent, market-reflective pricing and news to manage risks, spot opportunities and fine-tune strategies.
- Metro-level analytics for over 30 US regions, tailored to key markets including single-family and multi-family homes.
- Long-term forecasts (5-15 years) backed by 50 years of historical data for solid future planning.
- Short-term market analysis for a 1-2 year outlook to navigate immediate market shifts.
- Cost and performance benchmarks across 4,500 companies and 16,500 projects in the wood products sector.
Discover how Fastmarkets’ price data can help your business drive sustainable growth and innovation in the ever-moving construction market.
Get a free sample of our lumber market commentary today for greater transparency into the dynamics impacting the North American softwood lumber markets. When you download this sample report, you’ll gain visibility into critical market insights to inform and propel your strategic decisions. Download sample report.
US housing market news and predictions
Wood products sales are linked heavily to residential construction, and builders, with a keen awareness of the housing market, have not shown much confidence in recent months
Multifamily housing starts show some sign of life in late 2023, but the overall picture shows a different trend when compared to single-family
Despite slower population growth and lower household formation rates, there remains a shortfall in the housing market, particularly for starter homes in North America
Despite consistently high 30-year mortgage rates, builder confidence has grown through the year
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