Sales of newly built, single-family homes rose for a third consecutive month in May, posting a 2.1 percent gain to a seasonally adjusted annual rate of 476,000 units.
NSF Sustainability has verified Environmental Product Declarations (EPDs) for nylon carpet styles and colors manufactured by Mannington Commercial and for J+J Flooring Group’s Kinetex flooring product and Invision brand modular styles that use eKo back
The poised white rectangle has the appeal of classic Modernism, but it is also a critical part of the sustainability story: The frame’s deep overhang helps shield the house’s main southern exposure from the region’s scorching sun.
As more homes begin to sell, all of the players involved in sales eventually will get some benefit from the momentum alone. But good markets cover up and forgive a lot of bad processes and business errors
Builders need to prepare and face a challenge that they haven’t seen in many years—rising material and labor costs and shortages. Passing the costs along by simply raising prices won’t be enough to solve the problem.
This recovery is one in which builders would do well to recognize the trend lines and take a steady course of action rather than stutter steps, which can harm your business.
On the long road back toward sales levels rivaling the best years in the industry, are similar profit levels still available? Where will we find profit?
