Jack Bjorklund
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By Jack Bjorklund / February 24, 2024
NAR: Existing Home Sales Jump to Start 2024
Following a recent low in December, existing home sales rebounded to a 5-month high to begin the year,...
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By Jack Bjorklund / February 23, 2024
NAHB: Missing Middle Housing Construction Remains Stagnant
The missing middle construction sector, which includes development of medium-density housing like townhouses, duplexes, and other small multifamily...
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By Jack Bjorklund / February 22, 2024
Multifamily Built-for-Rent Share Dips Slightly in Q4 2023
An analysis of quarterly Census data by the National Association of Home Builders (NAHB) revealed a slight decline...
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By Jack Bjorklund / February 15, 2024
Builder Sentiment Increases for the Third Month in a Row
Positive Signs for New Home Market: Builder confidence in the market for newly built single-family homes climbed four...
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By Jack Bjorklund / February 14, 2024
NAHB: Permits for Single-Family and Multifamily Down In 2023
Over 2023, the total number of single-family permits issued year-to-date (YTD) nationwide reached 909,227. On a year-over-year (YoY)...
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By Jack Bjorklund / January 19, 2024
2023 Marks Lowest Existing Home Sales Since 1995
Existing home sales ended 2023 at a 28-year low, according to the National Association of Realtors (NAR). Declining...
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By Jack Bjorklund / January 18, 2024
Single-Family Starts Dip, Multifamily Starts Rise in December
Despite a slight dip in overall housing starts, the single-family sector continued to show strength in December, exceeding...
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By Jack Bjorklund / January 16, 2024
Housewrap Market Booms: Demand to Soar 6.77% by 2028
The worldwide housewraps market is estimated to grow by a whopping $2.6 billion from 2023 to 2028, reaching...
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By Jack Bjorklund / January 12, 2024
ABC: Monthly Construction Input Prices for December 2023 Drop Sharply
According to an Associated Builders and Contractors estimate of US construction input prices, they fell 0.6% in December...
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By Jack Bjorklund / December 28, 2023
NAR: Pending home sales remained unchanged in November 2023
Key Takeaways Pending home sales in November remained the same as one month ago. Month over month, contract...