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Building Materials

An Economist Explains Skyrocketing Lumber Prices

Labor shortages, unexpected housing demand, and environmental issues are just a few of the reasons lumber and plywood prices have skyrocketed.…

Resilient Construction

Natural Disasters Push Builders to Consider Resiliently Designed Off-Grid Homes

Extreme weather resulting from climate change are now regular, year-round events, pushing some builders to reconsider how they design and…

Building Materials

How Long Will High Lumber Prices Last?

Pricey lumber is here to stay—at least for the foreseeable future, says one lumber industry veteran. Kyle Little, chief operating officer at…

Build to Rent

Single-Family Built-for-Rent Production Drops in First Quarter

Production of single-family built-for-rent housing declined in the first quarter of 2021 despite expectations for increased construction. This…

Construction

Builders Pull Back Due to Building Material Costs and Labor Issues

Limited availability and rising costs of construction materials are creating a slowdown in housing production. Overall housing starts dipped 9.5%…

Construction

Single-Family Construction Drops Dramatically in April

Amid intense homebuyer demand and a strong interest in newly constructed homes, single-family builders have slowed production by 13% in April…

Building Materials

Building Material Costs Are Top Concern Despite Builder Confidence

While low existing home inventory, mortgage rates, and a growing number of prospective buyers keep builder confidence up, building material costs…

Construction

Builder Confidence Remained Steadily Positive in April

Single-family builder confidence remained unchanged this month from last, resting at a high 83 amid a hot housing market and rising building…

Market Data + Trends

Single-Family Permits Post High Year-Over-Year Increase

A 25.3% year-over-year increase in single-family construction permits during the first three months of 2021 shows home builders will soon ramp up…

Building Materials

Steel Mill Building Product Prices Jump 18.4% in April

Building materials prices have been on an upward trajectory since December 2019 and are now 12.4% higher compared to one year ago. Costs for…

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