Industry News

Industry News

August opens Construction Jobs

According to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS), the number of vacant positions in the construction sector decreased...
Alex Matthews -
Industry News

NAHB: Home Sales Rise Despite Affordability Issues

The broader new-home market continued to exhibit weakness, despite the fact that new home sales improved in August. New home sales have remained below the...
Chris Gordon -
Industry News

Single-family construction still favors wood framing

According to an analysis of 2025 Census Bureau data by the National Association of Home Builders (NAHB), wood framing remains the predominant method of...
Bobby Craig -
Industry News

NAR: August Pending Home Sales Rise 0.3%

The National Association of REALTORS® Pending Home Sales report indicates that pending home sales in August increased by 0.3% month-over-month and decreased by 4.7%...
Alex Matthews -
Industry News

Single-family recovers while market pressures persist

Single-family housing starts experienced a rebound in August; however, production has declined by 4.7% year-to-date as builders navigate economic uncertainty, labor and lot shortages,...
Bobby Craig -
Industry News

Due to higher interest rates and costs, builders lose confidence.

The sentiment of builders is being affected by increased mortgage rates, worsening labor shortages, and rising material costs. The National Association of Home Builders (NAHB)/Wells...
Owen Everett -
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