Builder Data & Analysis
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Builder Confidence Falls as Interest Rates Rise, Exacerbated by Rising Affordability Concerns
Builder confidence fell sharply in May, indicating that the housing market is now slowing, as rising affordability challenges in the form of rapidly rising interest rates, double-digit price increases...
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NAR: Energy Efficiency Becoming More Popular Among Buyers
The number of Realtors involved with buying or selling a property with energy efficiency features has significantly increased in the past year, according to a recent study from the...
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Freddie Mac Predicts Single-Family Market will Remain Strong as Interest Rates Rise
Despite rising mortgage rates, Freddie Mac predicts that the single-family purchase housing market will remain strong in 2022. According to the company’s chief economist’s new Quarterly Forecast, rising rates...
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Rural Homebuilding is Still on the Rise
According to a recent post from the National Association of Home Builders, both single-family and multifamily housing construction in rural areas has increased over the last year. NAHB says,...
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2022 Remodeling Impact Report: Hardwood Floors and Home Offices have the Most Influence
Over the past year, homeowners and families in the United States have undertaken a wide range of renovation and remodeling projects. According to the 2022 Remodeling Impact Report, a...
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Builders’ Confidence is Eroded by Rising Costs and Supply Constraints
Even though buyer demand remains relatively strong, ongoing lumber and building material supply-side constraints, rising construction costs, and expectations of higher interest rates continue to have a negative impact...
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ABC: Nonresidential construction spending increased, but weak in January
According to an Associated Builders and Contractors analysis of Census Bureau data, national nonresidential construction spending increased by 1.3 percent in January. Nonresidential spending for the month totaled $838.9...
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ABC: Construction Industry Faces 650,000 Workforce Shortage in 2022
According to a forecast prepared by Associated Builders and Contractors, to meet labor demand in 2022, the construction sector will need to attract roughly 650,000 additional workers on top...
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NAHB: Single-family home size keeps on growing despite pandemic
According to the National Association of Home Builders, home sizes are increasing as a result of the COVID-19 pandemic. The viral crisis is projected to increase the need for...
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Housing Affordability has Fallen to its Lowest Level in a Decade
Housing affordability has fallen to a 10-year low as a result of supply chain bottlenecks that put increasing pressure on home prices, as well as rising interest rates. Furthermore,...
