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Soaring Lumber Prices Add Close to $36,000 to the Cost of New Single-family Home

The National Association of Home Builders (NAHB) reported in February that high lumber prices had added more than $23,000 to the average cost of...
Jack Bjorklund -
Industry News

NAHB Chairman: Builder Confidence is on the Rise in April 2021

Builder Confidence is on the rise in April 2021. The supply chain for residential construction is tight, according to the NAHB Chairman, especially in...
Phil Garcia -
Industry News

Report: Employment in Residential Construction Industry has Surpassed Pre-Pandemic

Employment in residential construction has surpassed pre-pandemic levels. In the last 11 months, approximately 518,000 new residential construction jobs have been created. According to the...
Vince Harvey -
Industry News

NLBMDA Putting Pressure on Commerce Secretary to Find Solution to Lumber Price Issue

The National Lumber and Building Material Dealers Association said it has written to U.S. Department of Commerce Secretary Gina Raimondo about the continued volatility...
Zach Myers -
Industry News

National Association of Home Builders Reports Larger Shift in Suburban Home Sale

According to the NAHB, there is a larger shift toward suburban home purchases. According to study, more households intend to buy a home in...
Jack Bjorklund -
Latest News

Commerce Secretary and NAHB Discuss Lumber Prices

The National Association of Home Builders’ (NAHB) senior officers and staff held a 30-minute virtual meeting recently. The meeting with Commerce Secretary Wilbur Ross...
Bobby Craig -
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