Building Material Prices Dipped in August
August marked the first month of building materials price drops this year, decreasing 1%, according…
Women Making Their Marks in Construction
Women constitute only about 11% of the construction workforce in the United States, yet some female home builders are finding ways to make their mark on the industry in key specialty areas.
Builders Struggle to Narrow the Housing Deficit
Builders simply can’t afford to produce more and cheaper houses.
Women Now Account for 10.9% of the Construction Workforce
Addressing the skilled labor shortage means attracting more workers and diversifying outreach.…
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Multifamily
Rental Units Make Up Majority of New Multifamily Construction
Rental units made up 95.2% of all multifamily construction starts for the second quarter of this year, a likely response to the shifting demand…
Building Materials
Toll Brothers CEO Expects Lumber Prices to Remain Low
Toll Brothers CEO Doug Yearley told CNBC this week that the effects of dropping lumber prices will be seen in the second half of next year. He…
Labor + Trade Relations
Construction Sector Welcomed 11,000 More Jobs in July
Nonfarm employment increased across 47 states in June, but the construction sector did not experience such widespread worker growth. Just three…
Construction
Buyers Want Larger Homes, Second Quarter Home Construction Delivers
The median and average sizes of a new single-family homes are up, and the National Association of Home Builders says the pandemic-fueled demand…
Construction
Townhouse Construction Reaches 14-Year High
Housing market conditions have paved the way for the best quarter for townhouse construction in 14 years, according to an analysis of Census data…
Built for Rent
Single-Family Built-for-Rent Projects Continue to Increase
As demand for single-family homes continues but affordability challenges emerge, developers and builders are increasing construction for single-…
Market Data + Trends
Home Builder Sentiment Drops to Lowest Level Since 2020
Home builder sentiment dropped to its lowest level since July 2020 amid continued labor and building material challenges. The National Association…
Construction
Single-Family, Multifamily Permits Continue to Increase
Single-family and multifamily permits are up in all four regions with the Northeast leading for both sectors. The total number of single-family…
Off-Site Construction
Builders' Changing Views of Off-Site Construction Technologies
Many home builders searching for solutions to address ongoing industry challenges see off-site construction technologies as an answer, according…
Building Materials
Lumber Executive Says Lower Prices Have Rekindled Building Interest
Kyle Little, COO of New York-based lumber distributor Sherwood Lumber, says current lumber prices have welcomed more construction projects,…
