Industry News

Industry News

NAHB: Existing Home Sales Fall Despite Inventory Gain

Buyers were burdened by record-high home prices and elevated mortgage rates, resulting in a third consecutive month of declines in existing home sales. After...
Jack Bjorklund -
ABC

ABC: August Construction Materials Prices Rise Again

According to an analysis of the U.S. Bureau of Labor Statistics' Producer Price Index data released today by the Associated Builders and Contractors, construction...
Daniel Moore -
Industry News

2025 Single-Family Home Construction Time Falls

In 2025, the construction of a new single-family home required less time than in the previous three years. Currently, the average time from inception to...
Alex Matthews -
Industry News

New vs. Existing Home Prices: National Median Misses

The national median price for a new single-family home was $410,700 in the second quarter of 2026, which was $25,000 less than the national...
Jack Bjorklund -
Industry News

NAHB: Private residential construction weakens

In July, private residential construction spending experienced its fourth consecutive monthly decline. Private residential construction spending in July was $859.0 billion, a seasonally adjusted...
Bobby Craig -
Industry News

HBGI Q2 2026: Single-family construction falls wide but multifamily grows

In the second quarter of 2026, there was a disparity in the trends of home building across different regions. Single-family construction experienced a decline...
Jack Bjorklund -
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