Builder Data & Analysis
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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 fourth quarter of 2024, according to the NAHB’s AD&C Financing survey...
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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 Statistics, prices for inputs to new residential construction, excluding capital investment,...
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January Job Growth Slows
In January, US job growth slowed due to wildfires in Southern California and poor winter weather across much of the country. Meanwhile, the jobless rate dipped to 4.0%. According...
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Construction Job Market Softens
The number of open construction sector jobs remained lower than a year earlier, according to the December Bureau of Labor Statistics Job Openings and Labor Turnover Survey. The total...
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December Private Residential Construction Spending Rises 1.5%
According to the most recent US Census building Spending data, private residential building spending rose by 1.5% in December 2024. It was the third monthly gain in a row,...
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December State-Level Employment: Growth in 42 States, Declines in 7
In December, nonfarm payroll employment increased in 42 states and the District of Columbia, while decreasing in seven states. Wyoming reported no changes during this time. According to the...
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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 same time, builders expressed anxiety about rising building material tariffs and...
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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, up five points from the previous quarter. Remodelers are more enthusiastic...
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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 912,910. On a year-over-year (YoY) basis, this is an 8.2% growth...
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ABC: Construction Materials Prices Fall 0.2% in December, Rise 0.9% Yearly
Construction input prices fell 0.2% in December compared to the previous month, according to an Associated Builders and Contractors study of the US Bureau of Labor Statistics’ Producer Price...
