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Increasing labor shortages

The NAHB/Well Fargo Housing Market Index (HMI) survey has recently revealed that labor shortages in the home building industry are becoming increasingly prevalent. Builders were...
Alex Matthews -
ABC

ABC: Contractors Back Senate Permitting Reform Bill, Urge Quick Passage

Associated Builders and Contractors (ABC) issued a letter of support for S. 5653, the Bipartisan American Affordability and Jobs Act of 2026, and urged...
Phil Garcia -
Industry News

September Existing Home Sales Rose

The inventory improved, which gave buyers more negotiating power, resulting in a rise in existing home sales after three months of declines. The for-sale...
Owen Everett -
Industry News

NAHB: The construction median age holds at 42

According to NAHB's analysis of the most recent 2024 American Community Survey (ACS) data, the median age of construction laborers is 42, which is...
Glenn Pierce -
ABC

ABC: Data Center Work Lifts Contractor Backlog for Second Month

Associated Builders and Contractors said its Construction Backlog Indicator climbed to 8.7 months in September, helped by steady data center activity. The September figure was...
Chris Gordon -
Industry News

NAR: Resale Activity Edges Up in September as Mortgage Rates Climb

Sales of previously owned homes rose 1.5% in September to a seasonally adjusted annual pace of 3.99 million, the National Association of REALTORS® reported. Compared...
Phil Garcia -
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