A U.S. homebuilding company has announced plans to move its headquarters out of California, in another blow to the state. Landsea Homes, a Newport Beach, California, construction firm, which designs and builds master-planned communities and houses across the country, announced on Mar. 8 that it would move its corporate headquarters to Dallas, Texas. The firm has developed homes and communities in Boston,…

A major U.S. homebuilding company has announced plans to move its headquarters out of California, in another blow to the state. Landsea Homes, a Newport Beach, California, construction firm, which designs and builds master-planned communities and houses across the country, announced on Mar. 8 that it would move its corporate headquarters to Dallas, Texas. The firm has developed homes and communities in…

Housing sentiment in the United States, as measured by the Fannie Mae Home Purchase Sentiment Index (HPSI), has fallen to its lowest level in more than 10 years. In July, the HPSI declined by two points, to 62.8, the lowest level since 2011 and far below the all-time high set in 2019, according to an…

The most striking feature of Tuesday’s 2022-23 federal budget is how well the Australian economy is performing. Whereas two years ago we were facing a catastrophe, the outlook now is rosy and enviable. We have passed out of the pandemic storm into calm waters very quickly. The unemployment rate is heading below four percent—its lowest…

I have a home that’s 2 1/2 years old, and I have a situation in which my master bedroom stays colder than all the other rooms. It’s very noticeable in the winter. To be comfortable, I use a portable heater to warm up the room before bed for my wife and me. I addressed this…

Confidence among U.S. single-family homebuilders rose by the most in nearly a year in October as customer traffic improved for a second straight month, although builders remain concerned that the shortages that are driving up materials prices will hurt home affordability. The National Association of Home Builders/Wells Fargo Housing Market Index rose 4 points—the most…

Existing applicants for HomeBuilder are being given an extra 12 months to commence construction as new home building has reached its highest levels in 21 years. On April 17, Treasurer Josh Frydenberg and Housing Minister Michael Sukkar announced an extension of the construction commencement requirement for the HomeBuilder scheme from six to 18 months, meaning…

The building industry’s peak body is applauding the success of the HomeBuilder scheme, which is expected to support $18 billion worth of residential construction and renovation projects. “There is no doubt that the Federal Government’s decisive action to implement HomeBuilder in the eye of the COVID storm saved the day for thousands of small builders…

Prime Minister Scott Morrison has declared the success of the federal government’s stimulus package to kick start the building industry which ground to a halt after Australia implemented measures against the spread of the CCP virus last year. It comes after the latest Treasury figures show that demand for the HomeBuilder program has exceeded estimations. HomeBuilder invites Australians…