Builder Data & Analysis
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Featured Builder's Profile / South Kingstown RI
Liberty Cedar
Leading top quality specialty wood products, tropical lumbers & domestic hardwoods, custom milling and flooring, trim packages, timbers and other materials serving Rhode Island, Massachusetts, Connecticut, and Long Island with excellent customer service. Delivery to other areas via common carrier.
Shop online at Libertycedar.com
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ABC: June 2023 Construction Backlog Indicator Remained Stable, Contractor Confidence Fell
By Jack Bjorklund / July 11, 2023According to an Associated Builders and Contractor member poll performed from June 20 to July 5, the Construction Backlog Index stayed steady at 8.9 months in June. The reading...
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NAR: May 2023 Pending Home Sales Shrank by 2.7%
By Jack Bjorklund / June 29, 2023According to the National Association of REALTORS, pending home sales fell 2.7% in May compared to the previous month. Three regions in the United States saw monthly losses, while...
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NAHB: New Home Sales Surge in May 2023
By Jack Bjorklund / June 27, 2023According to recent data released by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly constructed single-family houses surged by 12.2% to...
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Dodge Construction Network: Total Construction Starts Rebound in May 2023
By Jack Bjorklund / June 20, 2023According to Dodge Construction Network, total building starts increased by 8% in May to a seasonally adjusted annual rate of $1.11 trillion. Nonresidential starts increased by 8% in May,...
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NAHB: Solid Growth in Single-Family Starts Recorded in May 2023
By Jack Bjorklund / June 20, 2023Single-family starts reached an 11-month high in May thanks to a combination of low existing inventory, strong demand, and advancing supply chains. According to a study from the U.S....
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NAHB: June 2023 Builder Confidence Rose to Positive Territory
By Jack Bjorklund / June 19, 2023According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) issued today, builder confidence in the market for newly built single-family homes increased five points...
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NAR: US Housing Market Needs More Than 300,000 Affordable Homes for Middle-Income Buyers
By Jack Bjorklund / June 8, 2023According to a new report from the National Association of Realtors and Realtor.com, the United States housing market is short more than 300,000 affordable houses for middle-income buyers. The...
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NAR: Pending Home Sales Recorded No Change in April 2023
By Jack Bjorklund / May 25, 2023According to the National Association of REALTORS, pending house sales were unchanged in April. Three U.S. areas increased month over month, while the Northeast fell. Transactions fell in all...
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NAR: Pending Home Sales Declined 5.2% in March
By Jack Bjorklund / April 27, 2023According to the National Association of REALTORS, pending home sales fell in March for the first time since November 2022. Three US areas saw monthly losses, while the South...
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30-year fixed-rate mortgage rate continues to rise
By Jack Bjorklund / April 27, 2023According to the results of Freddie Mac’s Primary Mortgage Market Study (PMMS), the 30-year fixed-rate mortgage (FRM) averaged 6.43 percent. “The 30-year fixed-rate mortgage increased modestly for the second...