Industry News

Construction job openings rise

According to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS), the construction sector experienced an increase in the number of...

NAHB: Q2 Single-Family AD&C Lending Falls

According to data released by the Federal Deposit Insurance Corporation, single-family construction lending experienced a slight decline in the second quarter. From the first...

Small Drop for Single-Family Homes

In response to the deteriorating affordability conditions, the proportion of new single-family homes has been decreasing since 2015. In 2021, the size of new...

NAHB: Higher material costs, especially for smaller builders

According to the July 2026 NAHB/Wells Fargo Housing Market Index (HMI) survey, material costs increased by 6.7% from the previous year. The cost of materials...

NAHB: Flat Custom Home Building Conditions

Custom home building has been a relative bright point for the residential construction industry, as overall single-family construction has decreased by nearly 7% in...

NAHB: July Construction Material Prices Rise

In July, the cost of residential building materials, exclusive of energy, increased by 0.4% and was 5.0% higher than it was a year prior. In...

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