Jack Bjorklund
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New Home Preference Continues Rising
New homes’ appeal is just getting stronger. In a recent NAHB study, 61% of home buyers said their...
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Top Earners: States with Highest Construction Wages in 2024
According to the most recent Current Employment Statistics (CES) report from the Bureau of Labor Statistics (BLS), not...
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NAHB: Private Residential Construction Spending Declines in March
According to the NAHB’s analysis of Census data, private residential construction spending fell 0.7% in March after rising...
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NAHB: Builder Sentiment Remained Unchanged in April
Builder sentiment was flat in April, as mortgage rates stayed close to 7% over the previous month and...
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Building Material Costs Up in March, But Lumber Prices Soften
Inputs to residential construction, including building materials, increased for the fifth straight month according to the latest Producer...
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Inflation Remains High as Housing Cost Growth Continues
Consumer prices continued to rise in March, with shelter and gasoline prices driving over half of the total...
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Stalled Confidence: Consumers Hold Steady Despite Concerns About Future
Consumer confidence remained stable in March, with optimism about current conditions offset by concerns about the future economic...
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New Home Sales Remain Stable in February Despite Rising Mortgage Rates
New home sales activity held firm in February, defying a slight increase in mortgage rates. While sales dipped...
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NAHB: Builder Sentiment Surges Above Breakeven Point
A scarcity of current inventory, which continues to drive consumers to new house construction, combined with solid demand...
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Strong Rebound in Single-Family Permits, Multifamily Permits Decline
The number of single-family home permits issued nationwide in January 2024 surged 43.1% year-over-year to 75,906. As of...
