Builder Data & Analysis

Builder Data & Analysis

Residential Building Worker Wage Growth Slows in March 2025

According to the most recent report from the US Bureau of Labor Statistics (BLS), wage growth for residential building workers continued to decline in...
Jack Bjorklund -
Builder Data & Analysis

Home Building and Remodeling Spending Sees Dip in March

In March, private residential construction spending fell by 0.4%, owing primarily to a reduction in home improvement investment. This dip came after five months...
Jack Bjorklund -
Builder Data & Analysis

Job Openings Decline Significantly as Economy Slows

Consistent with dismal mood data, the number of job vacancies in the overall economy and construction declined in March as firms paused hiring plans...
Jack Bjorklund -
Builder Data & Analysis

US Homeownership Rate Falls to Five-Year Low

According to the Census' Housing Vacancy Survey (HVS), the homeownership rate fell to 65.1% in the first quarter of 2025, its lowest level since...
Jack Bjorklund -
Builder Data & Analysis

Existing Home Sales Dropped in March, Hampered by Affordability

According to the National Association of Realtors (NAR), existing home sales fell in March as affordability concerns continued to weigh on the market. For...
Jack Bjorklund -
Builder Data & Analysis

New Home Sales Increased in March Despite Uncertain Market Conditions

Even as builders and consumers face uncertain market conditions, a minor drop in mortgage rates and low current inventory helped boost new home sales...
Jack Bjorklund -
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