Currently Reading

NAHB Poll: Coronavirus’ Impact on Builders Is 'More Widespread and Severe'

Advertisement

NAHB Poll: Coronavirus’ Impact on Builders Is 'More Widespread and Severe'


April 6, 2020
Builder on the phone
By auremar

The NAHB’s second weekly coronavirus poll is in, and the results are just another example of how fast conditions are changing in this unpredictable economic landscape. In just one week, builders in every region increasingly reported that it is taking longer to get a housing plan review or home inspection and that there is a decrease in workers’ willingness to show up to work. A whopping 93 percent of respondents said that the pandemic is having an adverse effect on buyer traffic in their homes, and 89 percent said there were issues with homeowners’ concerns with interacting with remodeling crews. Read the full results to get a better picture of where building stands today in relation to COVID-19. 

The second week of NAHB’s online poll showed that several of the coronavirus’s impacts on the residential construction industry have become more widespread and severe.  Once again, traffic ranked as the most widespread problem, with 93 percent of respondents saying the coronavirus has had an adverse impact on traffic of prospective buyers.

This result is based on 318 responses collected online between March 24 and March 30.  As in week 1, the largest share of responses came from single-family home builders; and respondents were most often owner, president or CEO of their companies.  The geographic distribution was somewhat different in week 2, however, with a greater share of responses coming from the Northeast and West Census regions.

Read More

 

Related Stories

Design

Living Now: America at Home Study Concept Home

Designed and built based on extensive consumer research, Barnaby delivers the goods for single-family post-pandemic living

Coronavirus Resources and Information

Colorado Contractors Sue Denver Over Vaccine Mandate

The mandate effectively requires companies to fire hard-to-replace workers who aren't vaccinated. "If we lose any workers due to these vaccine mandates, there's nobody to replace them," says Tony Milo of the Colorado Contractors Association.

Coronavirus Resources and Information

Court Rules PPP Loans to Builders Can Be Forgiven

The judge agreed with NAHB’s position that the plain language of the statute creating the PPP prevented SBA from applying eligibility regulations that sought to exclude NAHB members.

Advertisement
Advertisement

More in Category




Advertisement
Advertisement

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.