Industry News

AI Adoption in Home Building: An Early Look

The vast majority of single-family home builders do not yet use Artificial Intelligence (AI) in their operations. 20% of builders use AI to develop...

Top 10 Builder Market Share: Metro Trends 2024

Top ten builders in the country snagged a record 44.7% of new single-family closings in 2024. BUILDER Magazine has released further statistics on the...

Two-Story Homes Rebound in 2024

According to the most recent Census Bureau Survey of Construction (SOC), more than half of new single-family residences built in 2024 were two or...

Private Residential Construction Spending Falls in May

Private residential construction spending declined 0.5% in May, marking the fifth consecutive month of declines. This decrease was mostly caused by lower spending on...

U.S. Lumber: Tariffs Up, Production Down

Lumber pricing uncertainty has risen since the beginning of the year, owing in part to projected higher tariffs, particularly on Canadian softwood lumber. Despite...

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