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FOUND: Homebuilder | Mind Blowing Facts

KB Home Stock Slips On Q3 Earnings As Homebuilder Lowers 2025 Housing Revenue Forecast

KB Home (NYSE:KBH) reported third-quarter financial results after the market close on Wednesday. Here’s a look at the key metrics from the report.

Benzinga

Pandemic cash splash let inflation genie out of bottle

Australia could have suffered much lower inflation after COVID-19 had pandemic support been less wasteful and interest rates moved earlier, a review says.

AAP

Rally over? Homebuilder stocks' big gains may have already priced in Fed rate cut

Homebuilder stocks are having a banner year, outpacing the broader market on a wave of optimism that mortgage rates will fall and juice home sales

The Independent UK

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How did the construction industry enter an insolvency crisis, and how can it get out?

The construction industry insolvency crisis is sweeping the nation, and it's devastating for both consumers and builders. So what can be done about it?

ABC News

Thinking of building a home? Here's what you need to know about the crisis in construction

What happens when you hear that your building company has gone broke and work on your half-built house comes to a grinding halt?

ABC News

Building company collapses turn home dreams into nightmares

Two years after signing a $430,000 fixed price contract, boilermaker David Niblitt can no longer afford to finish the home that he and his wife had hoped they'd be living in by now.

ABC News

Deadline for HomeBuilder paperwork extended to June 2025 after calls from applicants

First-time home owners like Michael Thompson, who were feeling the pressure as the deadline for HomeBuilder paperwork approached, react positively to the deadline being extended by two years.

ABC News

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HomeBuilder paperwork deadline extended

The deadline to submit supporting documentation for HomeBuilder applications will be extended for those affected by supply constraints and construction delays.

AAP

Buyers set to lose 'life-changing' $25,000 government grant

Those who previously met the grant's criteria now fear they will miss out.

The Canberra Times

HomeBuilder grant deadline looms but hundreds may miss out, committee hears

Enticed by the HomeBuilder scheme, Zac Meyers and his partner began building a townhouse in Adelaide's west 18 months ago. He now says they stand to lose $25,000.

ABC News

The Fed’s ongoing housing market ‘reset’ sees buyer cancellation rate at one of the nation’s largest homebuilders spike to 68%

KB Home announced that its buyer cancellation rate in the fourth quarter of 2022 spiked to 68%. That's up from 13% in the fourth quarter of 2022.

Fortune

HomeBuilder overheated building industry

The HomeBuilder program successfully drove activity in the building sector and supported households, but also stretched the construction industry very thin.

AAP

Planning a renovation or new build? Here's the outlook for skyrocketing steel and timber prices

It’s a tough time to build or renovate a house in Australia. Prices are up, well above inflation. Finding materials and getting them on time is a challenge. Builders are grappling with too much work and stress (with some folding as costs rise too fast). Customers are being confronted with…

The Conversation

If there's a double interest rate rise this week, more borrowers become 'mortgage prisoners'

As banks impose tougher lending standards and interest rate hikes drive property prices down, more Australians who borrowed at the height of the pandemic housing boom will find themselves in a mortgage trap, unable to refinance.

ABC News

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ABC News

More building companies to 'topple over', as display home giant Metricon sheds staff to survive

One of the nation's most prominent home builders is set to shed almost a tenth of its workforce, as concerns continue about Australia's construction industry.

ABC News

HomeBuilder and first home buyer grants made housing less affordable says Reserve Bank

Government subsidies such as first home buyer grants and HomeBuilder have boosted demand for homes and helped push up house prices, with "pervasive" impacts on housing outcomes for some Australians, according to the Reserve Bank.

The Guardian - AU

Metricon to meet with Victoria’s treasurer after company denies rumours of collapse

Acting chief executive of Australia’s largest homebuilder says company will continue business as usual after founder’s death

ABC News

Michael Sukkar says Coalition policies have pushed first home buyers to their highest levels in 15 years. Is that correct?

Housing Minister Michael Sukkar says the Coalition is responsible for getting the level of first home buyers to its highest in 15 years. RMIT ABC Fact Check runs the numbers.

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The Guardian - AU

Federal election briefing: Morrison snubs NITV while Albanese walks away from costings queries – and Penny Wong a secret weapon?

Tuesday: The best of Guardian Australia’s 2022 federal election coverage

ABC News

With interest rates about to start rising, experts estimate almost 300,000 mortgage borrowers are at serious risk of default

As interest rates rise, almost 300,000 people who took large and risky home loans during the pandemic could fall into severe financial hardship or even default.

ABC News

Building grants create 'unintended consequences' for Perth's overheated construction industry

The Kirtisingham family expect to wait another year before they can move into their home as the building industry struggles to keep up with demand created by stimulus grant payments, which experts say have had "unintended consequences".

ABC News

Shortage of portaloos hits Brisbane's construction industry as building projects face delays

Forget timber and labour, building sites are struggling to find another critical type of construction infrastructure.

Newcastle Herald

Labor takes top spot in first election debate

Prime Minister Scott Morrison and Anthony Albanese have faced off in their first debate with Labor claiming victory.

Newcastle Herald

Frydenberg, Albanese budget speeches in full

The government and opposition have laid out their budget pitches for next month's election.

The New Daily

Michael Pascoe: The budget’s dirty little secret – we’re in trouble next year

Tucked away in a single overlooked budget chart is the Treasury’s forecast that our 'word-leading' economic recovery hits the wall next year.

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