Builder Data & Analysis
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Remodeling Market Sentiment Drops in First Quarter
Remodeler sentiment fell in the first quarter of 2025, mirroring a trend seen last month in single-family house builder sentiment. The NAHB/Westlake Royal Remodeling Market Index (RMI) recorded a...
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US Economy Created 228,000 Jobs in March
The US labor market unexpectedly accelerated in March, whereas the data for January and February were significantly revised downward. The unemployment rate rose slightly to 4.2% in March, from...
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Manufactured Homes: More Affordable Path to Housing in US
Manufactured houses have a significant impact on the US housing market by providing a cheap supply option for millions of people. According to the American Housing Survey (AHS), there...
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Private Residential Construction Spending Rebounds in February
Private residential construction spending grew by 1.3% in February, following a 1.2% decline in January. Increased spending on single-family building and home upgrades drove the majority of the growth....
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Remodeling Grows, but Industry Faces Labor Shortages and Urgent Energy Efficiency and Disaster Resilience Needs
The US remodeling market soared above $600 billion in the wake of the pandemic and, despite recent softening, remains 50 percent above pre-pandemic levels. However, industry fragmentation, inflation, and...
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US Sawmill Capacity 2024 Plateau: Labor Shortages and Import Impacts
Throughout 2024, sawmill and wood preservation firms reported reduced capacity utilization rates, as well as consistent production and capacity. Although there was no increase in production in 2024, utilization...
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State and Congressional District Home Building Employment in 2023
The housing industry achieved yet another record in 2023, with nearly 11.4 million individuals, including self-employed workers, employed as the number of housing units under construction reached its zenith....
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February single-family housing starts hit 12-month high
In February, single-family starts experienced a substantial increase in value due to the scarcity of available inventory. However, builders continue to contend with persistent shortages of labor and buildable...
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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 improved business climate, as a result of economic uncertainty, the potential...
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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 to persistently high mortgage rates and little inventory. Although existing house...
