Jack Bjorklund
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By Jack Bjorklund / January 16, 2025
Builder Confidence Rises Despite Market Risk Concerns
Builder sentiment rose to start the year on anticipation of improving economic growth and regulatory environment. At the...
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By Jack Bjorklund / January 16, 2025
NAHB: Remodeling Market Sentiment Improves in Q4 2024
The NAHB/Westlake Royal Remodeling Market Index (RMI) registered a reading of 68 in the fourth quarter of 2024,...
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By Jack Bjorklund / January 15, 2025
Single-family permits rise in November 2024
In the first eleven months of 2024, the total number of single-family permits issued year-to-date (YTD) nationwide was...
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By Jack Bjorklund / January 14, 2025
ABC: December Construction Backlog Indicator Falls, Contractor Confidence Rises
According to an ABC member survey performed between December 20 and January 6, the Construction Backlog Indicator decreased...
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By Jack Bjorklund / December 24, 2024
NAHB: November New Home Sales Up
The US housing market had a substantial increase in November 2024, with sales of new single-family houses hitting...
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By Jack Bjorklund / December 19, 2024
NAR: November Existing-Home Sales Rose 4.8%, Strongest Y-O-Y Gain Since June 2021
The National Association of Realtors reported that existing house sales increased in November. Sales grew in three major...
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By Jack Bjorklund / December 18, 2024
Single-Family Starts Gain While Multifamily Fails
Ongoing low levels of single-family existing home inventory boosted single-family output in November, while overall housing production declined...
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By Jack Bjorklund / December 16, 2024
Single-family permits rise October 2024
In the first ten months of 2024, the total number of single-family permits issued year-to-date (YTD) nationally was...
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By Jack Bjorklund / December 12, 2024
Building Materials and Lumber Prices Rise in November
According to the U.S. Bureau of Labor Statistics’ most current Producer Price Index (PPI) data, prices for inputs...
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By Jack Bjorklund / December 11, 2024
Inflation Sticks Despite Lower Housing Costs
Inflation rose to 2.7% in November, meeting predictions, but the last stretch to the Fed’s 2% objective becomes...