Jack Bjorklund
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By Jack Bjorklund / March 17, 2025
Tariffs, Costs, and Uncertainty: Builders’ Confidence Plummets
Builder sentiment declined in March, despite builders’ optimism that a more favorable regulatory environment will result in an...
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By Jack Bjorklund / March 5, 2025
Fourth Quarter 2024 State and Metro Area House Price Appreciation
After two consecutive quarters of slowing, house price appreciation rebounded marginally in the fourth quarter of 2024, owing...
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By Jack Bjorklund / March 4, 2025
HBGI: Single-family construction grows in Q4 2024
According to the most recent National Association of Home Builders Home Building Geography Index (HBGI), the persistent scarcity...
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By Jack Bjorklund / March 3, 2025
Private Residential Construction Spending Falls in January
In January, private residential construction spending fell by 0.4%, owing primarily to a reduction in multifamily construction and...
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By Jack Bjorklund / February 28, 2025
Absorption Rates Dive as Multifamily Completions Hit Record Highs
According to the Census Bureau’s most recent Survey of Market Absorption of New Multifamily Units (SOMA), the percentage...
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By Jack Bjorklund / February 21, 2025
NAHB: 2024 Townhouse Construction Grows
Townhouse construction increased 10% in 2024, surpassing the rest of the single-family home building market. According to NAHB’s...
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By Jack Bjorklund / February 20, 2025
Build-for-rent single-family home construction fall back
Single-family built-for-rent construction fell year on year in the fourth quarter of 2024, as rising finance costs limited...
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By Jack Bjorklund / February 14, 2025
NAHB: Builder Credit Tightens, Mixed Cost Results
Borrowers and lenders agreed that credit for residential Land Acquisition, Development, and Construction (AD&C) tightened further in the...
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By Jack Bjorklund / February 13, 2025
Residential Construction Input Prices Rise in January
According to the most current Producer Price Index (PPI) report published by the United States Bureau of Labor...
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By Jack Bjorklund / February 7, 2025
January Job Growth Slows
In January, US job growth slowed due to wildfires in Southern California and poor winter weather across much...