Comparing New Age-Restricted Homes to New Single-Family Homes
There were 28,000 single-family homes built in age-restricted communities last year, rebounding…
More Young Workers Enter Construction Industry, Changing Median Worker Age
More needs to be done for recruiting new workers into the construction trades, says the National…
Senate Reinstates Water and Sewer Exemption in Bipartisan Infrastructure Bill
The National Association of Home Builders sought to restore an exemption for water and sewer…
What Saw Mills Experienced During Lumber Price Spikes and Why
Remodeling, DIY, and home building demand pushed lumber prices to new heights this past year, and…
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Built for Rent
PulteGroup to Build 7,500 Single-Family For-Rent Homes
Builder PulteGroup has agreed to construct 7,500 single-family built-for-rent homes over the span of five years for single-family rental company…
Economics
Housing Accounts for Nearly 17% of Country's GDP
Housing made up 16.9% of the country’s GDP during the second quarter of 2021, only slightly off a 14-year high. As the economy continues to…
Construction
June New-Home Sales Fail to Meet Expectations
The most recent data from the U.S. Census Bureau shows an unexpected fall in new-home sales, dropping 6.6% from May and 19.4% below June 2020…
Construction
Increases in Land Holdings, Permits Point Toward More Supply
Permits and land purchases point toward an increase of supply over the next two years, says John Burns Real Estate Consulting. For-sale and for-…
Off-Site Construction
Off-Site Construction in 2020: Small But Poised to Grow
Just 3% of all single-family home construction came from off-site methods, but the National Association of Home Builders expects it to rise in the…
Construction
Colorado Permits Reveal New-Home Construction Trend
Single-family construction permits increased 7.6% from 2019 to 2020 statewide in Colorado, and breaking down the permits per county reveals a…
Construction
Home Builder Profitability Reached Highest Level on Record
Last year’s net profit average for builders reached the highest level since management consulting firm The Shinn Group began tracking net income…
Construction
Starter Home Inventory at Five-Decade Low
There were 418,000 new starter homes constructed in the late 1970s, but there were just 65,000 starter homes completed in 2020. Freddie Mac…
Construction
June Housing Starts Remain Strong, Permits Continue to Weaken
Housing production remained strong in June, says the National Association of Home Builders, but rising construction and material costs may be the…
Construction
What Does a Drop in Building Permits Mean for Future Construction?
Data released this week from the U.S. Census Bureau point toward a slowdown for new-home construction. CNBC reports that single family housing…
