Builder Data & Analysis
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Zillow: 2022 Housing Predictions & Hot Takes
We don’t expect the housing market to reach the tremendous heights of 2021, but we do expect it to be anything but slow next year. Expect the seller’s market...
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NAHB: Home Builder Confidence at Peak on Year’s End
According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder confidence in the market for newly built single-family homes increased one point in December...
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Lumber Prices Are Rising Back Again
Lumber prices rose 5% to $1,024, returning to the $1,000 per thousand board feet mark for the first time since mid-June, as the commodity faces increased volatility due to...
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JOLTS: Construction Job Openings Surge to Record High
The labor market remains tight, particularly in the construction industry. The number of unfilled construction jobs surged to 410,000 in October, the highest figure in the history of the...
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Zillow: Homebuilders Still Playing Catchup During Construction Boom
We have officially entered a housing permit boom, and homebuilder optimism is near an all-time high. A new Zillow analysis reveals how far builders still have to go to...
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ABC: Detailed Report on Contractor’s Tech Usage
The Associated Builders and Contractors (ABC) issued its first Tech Report, a study of the new technologies and tools that ABC contractor members are utilizing on job sites to...
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NAHB: Homebuilder Confidence Exceeds Expectations, Buyer Demand Remains Strong
According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), home builders’ confidence exceeds expectations as buyer’s demand is still on high. Increasing high prices...
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Building Materials Prices Increased at a Record Year-to-Date Rate Through October
According to the Bureau of Labor Statistics’ latest Producer Price Index (PPI) report, prices for goods used in residential construction excluding energy rose 0.8 percent in October (not seasonally...
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ABC: Construction Backlog Bounce Back in October
According to an Associated Builders and Contractors (ABC) member poll conducted from October 20 to November 2, the Construction Backlog Indicator increased to 8.1 months in October. The reading...
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NAR: Pending Home Sales Fell by 2.3% in September
According to the National Association of Realtors, pending home sales fell slightly in September after increasing in the previous month. Contract activity fell month over month and year over...
