October Housing Starts Slow on Higher Rates

Housing starts fell 3.1% in October, with single-family starts dropping 6.9%. Builders expect a more favorable regulatory environment in 2025 to boost the housing supply.

Court Backs Approval of Utility Storm Plans

Challengers argued the utility storm-protection plans didn't assess whether proposed projects placed unnecessary financial burdens on customers.

FAU: Prices Stay High Despite Waning Inflation

Core inflation remains high partially due to housing services prices, which rose 3.8% annually in September. The Fed is expected to cut rates again in December.

Builder Confidence Moves Higher

The National Association of Home Builders said builders expect market conditions to improve even with labor shortages and higher building material prices.