Construction June Housing Starts Remain Strong, Permits Continue to Weaken Housing production remained strong in June, says the National Association of Home Builders, but rising construction and material costs may...
Construction What Does a Drop in Building Permits Mean for Future Construction? Data released this week from the U.S. Census Bureau point toward a slowdown for new-home construction. CNBC reports that single family...
Building Materials Why Buyers Won’t Find Relief in Lower Lumber Prices Homebuyers will not see lower home prices due to dropping lumber prices because it’s just one factor among many others causing builders to...
Builders Texas Builder Promises Buyers it Will Stay True to Contractual Prices While other home builders have upped the cost of a project amid rising materials costs, one Texas builder said he chose to put his company’s...
Building Materials Other Building Materials Keep Costs Up as Lumber Prices Fall The National Association of Home Builders estimated the cost of lumber added $35,872 to the cost of a new single-family home back in April....
Construction NAR Study Says Years of Underbuilding to Blame for Housing Shortage The United States needs anywhere from 5 million to 6.8 million more housing units to meet housing needs, according to a recent study by the...
Construction The Leading Cause of New Home Structural Failures? Fill Dirt As the leading cause of new home structural failures, fill dirt is one of the most important structural elements of a home. And when fill...
Economics Will New Lumber Prices Lower Home Prices? Now that lumber prices have fallen near pre-pandemic levels, the cost of constructing an average single-family home is now cheaper, but...
Building Materials OSB Costs 500% More Since 2020 While the country’s eyes and ears were locked onto the changes of lumber prices, other building material costs shot up, such as oriented...
Building Materials Lumber Prices Drop 21% in Five Days—When Will it Normalize? In just five days, the price of lumber fell 21% to $642 per thousand board feet. Lumber prices hit a record high on May 7 at the price of $1...
