Submit Your Company Info for the 2023 Housing Giants
Fill out the 2023 Housing Giants survey form to see if your company makes the cut in Pro Builder's list of the largest home building companies in the nation
Construction Job Openings Rose to Third Highest Share on Record in December
The number of unfilled construction jobs at the close of 2022 was the third highest on record, and contractors could have even more difficulty attracting skilled workers in 2023
Does Rebounding Home Builder Confidence Signal an Upcoming Economic Growth Cycle?
Despite falling demand from priced out buyers, home builders remain optimistic about the year ahead, and experts say that rising sentiment may point toward a breakout year for a recovering economy
Home Builder Sentiment Is Rising for the First Time in Over a Year—Here’s Why
A slight drop in mortgage interest rates is motivating prospective buyers to jump back into the for-sale market, and that new activity is boosting home builder sentiment at the start of 2023
Advertisement
Builders
Builder Confidence Increases for First Time in 12 Months as Mortgage Rates Fall
A slight drop in mortgage rates caused builder confidence to rise in January after 12 consecutive monthly declines
Opinion
Work at What You Love
Home builders who are truly passionate about providing safe, quality, comfortable homes in their community will power through these challenging times and find satisfaction in both the effort and the results
Builders
84 Lumber Mourns Passing of Founder Joseph Hardy
84 Lumber founder Joseph Hardy passed away on Saturday, Jan. 7, at the age of 100
Labor + Trade Relations
Wage Growth Is Slowing for Residential Building Workers
After steady gains since the start of the COVID-19 pandemic, residential building worker wages are slowing in the first month of 2023
Builders
The Biggest Challenges for Contractors in the Year Ahead
High inflation, dwindling buyer demand, and lingering supply chain obstacles are just a few of the many challenges keeping contractors up at night during the first month of the new year
Builders
Home Builder Confidence Falls for 12th Consecutive Month
As rising mortgage rates lead to a sharp drop in homebuyer demand, homebuilder sentiment is falling
Building Materials
As Softwood Lumber Falls, Concrete Prices Soar to New Highs
The PPI for ready-mix concrete reached a new high in November after rising for 21 of the past 22 months
Builders
In the Race to Sell, Builders Are Offering Major Price Reductions
Home builders are offering rate buydowns to prospective buyers in order to bolster demand and sell homes faster
New-Home Sales
Builders Are Slashing Prices to Sell Homes, but Not at 2008 Levels
Home builders are reducing sales prices and offering incentives to budget-conscious buyers, but at a much more reserved pace than in 2007 and 2008
Builders
For Growing Share of Home Builders, Selling in a Market Correction Means Making Concessions
In order to bolster buyer demand and maintain a healthy backlog in a housing slowdown, home builders are being forced to lower their prices and offer new sales incentives
