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Groundwork (+) Architecture billing index: 51.9, up from 48.8 in April New projects inquiry index: 61.5, up from 60.1 in April Source: American Institute of Architects Single-family permits: +2.6 percent Multi-family permits: +26.0 percent Source: U.S. Census Bureau Sales (+) Existing Home Sales +5.1 percent from April 2015 +9.2 percent from May 2014 Regional Breakdown +11.3% - Northwest +4.1% - Midwest +4.3% - South +4.3% - West Source: National Association of Realtors New Home Sales +2.2 percent from April 2015 +19.5 percent from May 2014 Regional Breakdown -5.7% - Midwest -4.3% - South +13.1% - West +87.5% - Northeast Source: U.S. Census Bureau
Construction (-) Single-family housing starts: -5.4 percent Multi-family housing starts: -18.5 percent Regional Breakdown Combined -26.5% - Northwest -12.5% - West -10.2% - Midwest -5.0% - South Source: U.S. Census Bureau
''Solid sales gains were seen throughout the country in May as more homeowners listed their homes for sale and therefore provided greater choices for buyers. However, overall supply still remains tight, homes are selling fast and price growth in many markets continues to teeter at or near double-digit appreciation. Without solid gains in new home construction, prices will likely stay elevated.'' - Lawrence Yun, National Association of Realtors chief economist
Francisco Uviña, University of New Mexico
Hardscape Oasis in Litchfield Park
Ash Nochian, Ph.D. Landscape Architect
November 12th, 2025
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