In May, housing starts experienced a significant decline, which was primarily due to a substantial decrease in multifamily construction.
In the interim, single-family buildings...
As the housing market continues to be strained by rising material costs, elevated mortgage rates, and ongoing affordability challenges, builder sentiment remains subdued.
In June,...
The latest Home Building Geography Index (HBGI) indicates that single-family construction decreased in all geographies during the first quarter of 2026.
This decline was...
The Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS) indicated that the number of vacant positions in the construction sector increased...
March's 0.6% monthly increase was followed by a 0.8% increase in April 2026 in private residential construction spending.
Growth in single-family and home improvement...