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Remodeling Market Sentiment Edges Up in Q3 2025: RMI Reaches 60

The NAHB/Westlake Royal Remodeling Market Index (RMI) for the third quarter of 2025 was 60, up one point from the previous quarter. With a...
Alex Matthews -
Builder Data & Analysis

Apartment construction time shorter in 2024

According to the Census Bureau's 2024 Survey of Construction (SOC), the average time it takes to finish construction of a multifamily complex after gaining...
Phil Garcia -
Builder Data & Analysis

Softening Construction Labor Market, Fed Rate Cuts in 2025

According to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS), the number of open and unfilled positions in the construction...
Jack Bjorklund -
Builder Data & Analysis

August Existing Home Sales Fall Due to Higher Mortgage Rates

According to the National Association of Realtors (NAR), existing house sales fell in August as high mortgage rates and rising home prices continued to...
Jack Bjorklund -
Builder Data & Analysis

New Home Sales Rise Unexpectedly in August

A minor decline in mortgage rates resulted in a surprise big increase in new house sales in August, however this figure may be revised...
Jack Bjorklund -
Builder Data & Analysis

Soft Housing Starts Before Fed Meeting

Challenging affordability conditions remain a burden for the housing business, but the sector may experience lower interest rates in the near future, with the...
Jack Bjorklund -
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