Builder Data & Analysis
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2022 Remodeling Impact Report: Hardwood Floors and Home Offices have the Most Influence
By Bobby Craig / April 6, 2022Over 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
By Owen Everett / March 16, 2022Even 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
By Glenn Pierce / March 1, 2022According 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
By Jack Bjorklund / February 25, 2022According 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
By Jack Bjorklund / February 23, 2022According 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
By Chris Gordon / February 9, 2022Housing 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,...
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NAHB Reports: Residential Construction Jobs Increased in January
By Vince Harvey / February 7, 2022According to the National Association of Home Builders, residential construction employment increased by 4,400 during the month, while non-residential construction employment decreased by 9,000. In January, the construction jobs...
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Prices in Kid-friendly Neighborhood are Rising due to Millennial Demand
By Daniel Moore / February 4, 2022Home values are rising quickest in places with the highest proportion of children, showing the influence that millennial house searchers are having on family-friendly districts with a scarcity of...
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Nonresidential Construction Spending Fall Off In December
By Phil Garcia / February 2, 2022According to an Associated Builders and Contractors study of Census Bureau statistics, national nonresidential construction spending will fall 0.7 percent in December 2021. Nonresidential spending for the month reached...
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The Build-To-Rent Market Is Expected To Reach An All-Time High This Year
By Bobby Craig / February 1, 2022According to RentCafe, as renters want a lifestyle shift that provides more room and privacy, communities of single-family dwellings created for the purpose of renting have become the hottest...