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Sales
2019 Offers Better Outlook for Builders
The recent increase in builder confidence in February was the second monthly gain, starting 2019 on an upward trend. Some housing economists say the sentiment reading can be an early indicator for the pace of construction.
builder confidence_February_pace of construction_economic conditions_Wells Fargo_National Association of Home Builders index
Sales
Builder Confidence Up in February
With interest rates flat, builder sentiment was up four points to 62 in the second month of 2019, according to the latest index data from the National Association of Home Builders.
interest rates_builder sentiment_builder confidence_latest index data_National Association of Home Builders_NAHB
Innovation
Innovating to Cut Costs
A recent expert panel concluded that better collaboration and integration of construction and design, along with more off-site building and...
Off-site building adoption of technology and data is a wide-open landscape
Builders
It's Not Easy Being Green
California's rooftop solar mandate takes effect in 2020, requiring all new homes be built with solar panels, upping the monthly mortgage...
California rooftop solar mandate changing new construction codes and standards for single-family homes house plans and floor plans, and affordability is a concern
Builders
Lumber's Highs, Lows
Lumber prices posted a 25 percent increase in January 2019, but analysts warn that the market may be overbought, and conditions are similar...
Lumber prices posted a 25 percent increase in January 2019, but analysts warn that the market may be overbought, and conditions are similar to last year when prices hit an all-time high and then fell.
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