Builder Data & Analysis

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ABC: 2023 Construction Workforce Shortage Tops Half a Million

According to a proprietary model produced by Associated Builders and Contractors, the construction sector will need to attract an additional 546,000 workers on top...
Jack Bjorklund -
Builder Data & Analysis

NAR: Q4 of 2022, nearly 9 out of 10 metro areas saw increases in home prices

Single-family existing-home sales prices climbed in almost 90% of measured metro areas – 166 of 186 – in the fourth quarter. The national median...
Jack Bjorklund -
Builder Data & Analysis

NAHB: Housing Affordability Hits Record Low

According to the NAHB, only 38.1% of new and existing houses sold in the fourth quarter were affordable to families earning the national median...
Jack Bjorklund -
Builder Data & Analysis

NAR: Existing-home Sales Fell 1.5% in December

According to the National Association of Realtors, existing-home sales fell for the eleventh month in a row in December. Three of the four major...
Jack Bjorklund -
Builder Data & Analysis

Freddie Mac: Mortgage rates fall slightly as consumer confidence reaches 8-month high

The results of Freddie Mac's Primary Mortgage Market Survey (PMMS) were revealed today, and the 30-year fixed-rate mortgage (FRM) averaged 6.27%. The Freddie Mac fixed...
Jack Bjorklund -
Builder Data & Analysis

NAR: November’s Existing-Home Sales fell 7.7%

According to the National Association of REALTORS, existing-home sales fell for the ninth consecutive month in November. All four major U.S. regions experienced month-over-month...
Jack Bjorklund -
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