Construction
Coming Up:
Builder Confidence Falls For 9th Consecutive Month
A result of elevated interest rates, supply chain disruptions, and high home prices.
NAHB: Builders Need To Address Drug, Alcohol Addiction Issues
Organization says nearly 1 in 5 construction workers battle addiction.
Biden Aims to Fill Housing ‘Gap’
But it focuses on housing supply, not buyers as it should
NMP MAGAZINE
NAHB: Builder Confidence Falls For 6th-Straight Month
NAHB/Wells Fargo Housing Market Index fell two points in June to 67, the lowest HMI reading since June 2020.
10,000 NAHB Members Sign Letter To Biden Seeking Housing Market Help
The letter cites rapidly rising interest rates, rising home prices and rents, and the rising cost of lumber and building materials for significantly decreasing housing affordability.
Profit Margins Fall For Home Builders & Balance Sheets Grow
Nationwide survey of single-family builders revealed profitability benchmarks for the home building industry.
Building Materials Prices Continue To Increase
Prices increased 20.4% annually and have risen 33% since the start of the pandemic.
Building Materials Remain Top Challenge for Builders
NAHB/Wells Fargo Housing Market Index finds cost, availability of materials top concerns for single-family home builders.
Home Builder Confidence Dips Due To Inflation And Supply Chain Concerns
Home builder confidence in the market for newly built, single-family homes fell by one point to 83 in January 2022, according to the National Association of Home Builders and Wells Fargo's Housing Market Index report.
Forecast For U.S. Construction Industry: 3.7% Annual Growth
The U.S. construction industry is expected to grow 1.8% in 2021 and 3.7% in 2022 before it registers an average annual growth rate of 3.7%.