Builder Data & Analysis

Builder Data & Analysis

NAHB: Single-Family Starts Improve in March

In March, single-family production showed signs of a steady upturn as mortgage rates stabilized and existing inventory was limited, helping to offset stubbornly high...
Jack Bjorklund -
Builder Data & Analysis

Southern Pine Lumber Shipments in 2022 Reach 107-Year High

According to the Southern Forest Products Association, which tabulates shipment totals with the Southern Pine Inspection Bureau (SPIB) and Timber Products Inspection, 2022 Southern...
Daniel Moore -
ABC

ABC’s March Construction Backlog Indicator Reached its Lowest Point Since August 2022

An ABC member survey conducted from March 20 to April 3, the Construction Backlog Index fell to 8.7 months in March, according to the...
Jack Bjorklund -
Builder Data & Analysis

Mortgage Rates are on the Down

The 30-year fixed-rate mortgage (FRM) averaged 6.28 percent, according to the results of Freddie Mac's Primary Mortgage Market Study (PMMS). “Mortgage rates continue to trend...
Jack Bjorklund -
Builder Data & Analysis

NAHB: New Home Sales Remained Relatively Unchanged in February 2023

Increased mortgage rates and home prices, as well as higher building expenses, all led to a drop in new home sales in February, but...
Jack Bjorklund -
Builder Data & Analysis

NAR: Existing-home sales increased 14.5% in February

According to the National Association of Realtors, existing-home sales reversed a 12-month decline in February, posting the highest monthly percentage increase since July 2020....
Jack Bjorklund -
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