Industry News

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 -
Builder Data & Analysis

New Home Sales Rise Unexpectedly in August

A minor decline in mortgage rates resulted in a surprise big increase in new house sales in August, however this figure may be revised...
Jack Bjorklund -
Builder Data & Analysis

Soft Housing Starts Before Fed Meeting

Challenging affordability conditions remain a burden for the housing business, but the sector may experience lower interest rates in the near future, with the...
Jack Bjorklund -
Builder Data & Analysis

Builder Confidence Maintains Six-Month High Sales Expectations

Builder confidence remained stable in September, but lower mortgage rates and anticipation that the Federal Reserve will shortly drop the federal funds rate contributed...
Jack Bjorklund -
Builder Data & Analysis

Single-family permits extend downtrend, builders cautious

Single-family housing permits fell for the eighth month in a row, highlighting affordability challenges and low demand. While multifamily permits increased, the sector's instability...
Jack Bjorklund -
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