A Lack of Vacant Land Is Leading to a Rise in Teardowns
In states where inventory is low and vacant land is scarce, builders are tearing down existing homes and starting from scratch
A Near Record Number of Housing Units Are Under Construction, but They’re Taking Longer to Complete
Single-family housing starts are rising, but supply-chain delays are pushing back completions
How Much of a Home's Sales Price Consists of Construction Costs?
Construction costs accounted for more than half of a home's total sales price in 2022
Construction Job Openings Fell 50% From December to January
A 50% decline in construction job openings has the industry's leading economists scratching their heads. Here's what may be driving the sudden slowdown
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Builders
Home Builder Confidence Posts Biggest Monthly Gain in a Decade
The National Association of Home Builders/Wells Fargo Housing Market Index posted its largest month-to-month increase in 10 years in February
Builders
3 ProConnect Single Family Events for Home Builders and Product Manufacturers in 2023
The events will be held at luxury resorts and hotels in Texas, Florida, and Washington, D.C.
Labor + Trade Relations
Residential Construction Employment Posts Strong Gains at Start of 2023
The residential construction sector added over 5,000 new jobs in January, but the labor market still has a lot of ground to cover to bounce back from a decades-old deficit
Labor + Trade Relations
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
Jobsite Safety
OSHA Will Crack Down on Penalties for Trench Deaths in 2023
The Occupational Safety and Health Administration's national enforcement program aims to mitigate trench-related deaths on construction jobsites
Labor + Trade Relations
The Hardest Construction Jobs to Fill In 2023 Are Also the Most Vital
Contractors are having the most difficulty filling open positions that require leadership or experience in the trades, according to a recent survey by the Associated General Contractors of America
Business Management
Walk on By? If You're Ignoring Waste, It's at Your Own Expense
Sure, there are new methods and tech advances that might save you some coin, but don’t overlook the big dollars right in front of you right now
Labor + Trade Relations
Have Construction Job Openings Already Peaked?
After peaking in April 2022, the count of unfilled construction jobs is trending lower as the housing market slows
Construction
Construction Sector Jobs Up by More Than 200,000 Since November 2021
Over 200,000 construction jobs have been added in the past year as the labor market continues its strong post-pandemic recovery
Construction
What’s in Store for Construction in 2023?
The residential construction sector is gearing up for another challenging year in 2023, but with healthy backlogs of new projects, home builders are optimistic
