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...
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...
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,...
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,...
Innovation Can You 'Amazonify' Home Building? Modular construction company Veev says it builds four times faster than the industry standard. On this installment of HorizonTV, CEO Amit...
Labor + Trade Relations What’s the Average Pay for a Construction Industry Worker? The construction industry offers competitive wages compared to U.S. median wages, according to the National Association of Home Builders’...
Construction Builders Turn Away Business Amid Supply, Labor Constraints For the first time in their company’s history, some home builders are unable to sell homes, turning away buyers. Labor shortages, record...
Labor + Trade Relations Industry's Skilled Labor Shortage Worse Than Pre-Pandemic There were 50% more construction job openings between May and June 2021 than before the pandemic, with most positions remaining open for an...
Construction Comparing New Age-Restricted Homes to New Single-Family Homes There were 28,000 single-family homes built in age-restricted communities last year, rebounding strong from 2018’s decline. On the...
Labor + Trade Relations More Young Workers Enter Construction Industry, Changing Median Worker Age More needs to be done for recruiting new workers into the construction trades, says the National Association of Home Builders, but recent...