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ABC

ABC: Construction Backlog Holds Steady

According to an ABC member survey conducted between September 22 and October 6, the Construction Backlog Indicator stayed steady at 8.5 months in September....
Alex Matthews -
Builder Data & Analysis

Vinyl Outperforms Stucco as Popular Exterior Wall Material

Vinyl siding was the most commonly used exterior wall material for newly constructed homes in 2024. It accounts for just more than a quarter...
Jack Bjorklund -
Builder Data & Analysis

Remodeling Market Sentiment Edges Up in Q3 2025: RMI Reaches 60

The NAHB/Westlake Royal Remodeling Market Index (RMI) for the third quarter of 2025 was 60, up one point from the previous quarter. With a...
Alex Matthews -
Builder Data & Analysis

Apartment construction time shorter in 2024

According to the Census Bureau's 2024 Survey of Construction (SOC), the average time it takes to finish construction of a multifamily complex after gaining...
Phil Garcia -
Builder Data & Analysis

Softening Construction Labor Market, Fed Rate Cuts in 2025

According to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS), the number of open and unfilled positions in the construction...
Jack Bjorklund -
Builder Data & Analysis

August Existing Home Sales Fall Due to Higher Mortgage Rates

According to the National Association of Realtors (NAR), existing house sales fell in August as high mortgage rates and rising home prices continued to...
Jack Bjorklund -
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