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Builders are building more houses, but a survey conducted by the National Association of Home Builders (NAHB) found they are essentially building the same ones. The survey, released during the association’s International Builders’ Show last week, found the size and configuration of homes built in 2017 changed little from the previous year, even though builders increased their output by 9 percent.
“Mortgage bankers look to 2018 as another growth year for the commercial and multifamily mortgage markets,” MBA Vice President for Research and Economics Jamie Woodwell said. “The majority of top firms expect a ‘very strong’ appetite from lenders and a ‘strong’ appetite from borrowers to drive commercial mortgage originations higher.”