Builder Data & Analysis

Builder Data & Analysis

May Sees Housing Starts Retreat Amidst High Borrowing Costs

Single-family and multifamily housing starts declined in May, as high interest rates on construction and development loans, as well as rising mortgage rates, slowed...
Jack Bjorklund -
Builder Data & Analysis

High Mortgage Rates Cool Builder Confidence

Mortgage rates remain in the 7% level, and rising construction financing costs continue to dampen builder optimism. Builder confidence in the market for newly built...
Jack Bjorklund -
Builder Data & Analysis

Private Residential Construction Spending Rising in April

After declining 0.4% in March, private residential building spending increased 0.1% in April, according to a post from National Association of Home Builders (NAHB)....
Jack Bjorklund -
Builder Data & Analysis

New Home Preference Continues Rising

New homes' appeal is just getting stronger. In a recent NAHB study, 61% of home buyers said their first choice is a newly constructed...
Jack Bjorklund -
Builder Data & Analysis

Top Earners: States with Highest Construction Wages in 2024

According to the most recent Current Employment Statistics (CES) report from the Bureau of Labor Statistics (BLS), not seasonally adjusted (NSA) average hourly earnings...
Jack Bjorklund -
Builder Data & Analysis

March Sees Significant Drop in Construction Jobs

The number of total job vacancies for the entire economy has decreased over the last year as monetary policy has tightened. This is consistent...
Glenn Pierce -
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