Builder Data & Analysis

Builder Data & Analysis

NAHB: Building Material Price Growth Tracking Close to 2023

Residential construction inputs, excluding food and energy, fell 0.04% in July, according to the most recent Producer Price Index (PPI) report published by the...
Jack Bjorklund -
Builder Data & Analysis

First time in years: Luxury property values are rising faster than average residences

Luxury home value increase, which has persistently lagged that of the market's middle tier in recent years, has now outperformed gains on average homes...
Jack Bjorklund -
Builder Data & Analysis

Construction Job Openings Slowdown

According to the Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS), the number of open construction sector jobs decreased in June...
Jack Bjorklund -
Builder Data & Analysis

Sawmill Production Drops During the First Quarter

The sawmill and wood preservation sectors' production index declined to 91.9 in the first quarter of 2024 (the indicator measured real output in 2017...
Jack Bjorklund -
Builder Data & Analysis

Single-Family Slips, Multifamily Surges in June

Increased interest rates on home mortgages and construction and development loans slowed single-family production and demand in June. Housing starts jumped 3.0% in June to...
Jack Bjorklund -
Builder Data & Analysis

Builder Confidence Drops to Lowest Level in 7 Months as Rates Bite

Mortgage rates averaged 6.92% in June, according to Freddie Mac, and high rates for construction and development loans continue to dampen builder optimism. Builder confidence...
Jack Bjorklund -
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