Builder Data & Analysis
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Single-family permits rise in November 2024
By Jack Bjorklund / January 15, 2025In 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
By Phil Garcia / January 14, 2025Construction 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...
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ABC: December Construction Backlog Indicator Falls, Contractor Confidence Rises
By Jack Bjorklund / January 14, 2025According to an ABC member survey performed between December 20 and January 6, the Construction Backlog Indicator decreased to 8.3 months in December. The reading is reduced by 0.3...
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2024 Residential Construction Input Price Growth Slows
By Alex Matthews / January 14, 2025According to the most current Producer Price Index (PPI) report published by the United States Bureau of Labor Statistics, prices for new residential building inputs—excluding capital investment, labor, and...
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NAHB: November New Home Sales Up
By Jack Bjorklund / December 24, 2024The US housing market had a substantial increase in November 2024, with sales of new single-family houses hitting a seasonally adjusted annual rate of 664,000, according to freshly released...
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NAR: November Existing-Home Sales Rose 4.8%, Strongest Y-O-Y Gain Since June 2021
By Jack Bjorklund / December 19, 2024The National Association of Realtors reported that existing house sales increased in November. Sales grew in three major U.S. regions while remaining stable in the West. Sales increased year...
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Single-Family Starts Gain While Multifamily Fails
By Jack Bjorklund / December 18, 2024Ongoing low levels of single-family existing home inventory boosted single-family output in November, while overall housing production declined due to a double-digit percentage reduction in multifamily building. Housing starts...
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Single-family permits rise October 2024
By Jack Bjorklund / December 16, 2024In the first ten months of 2024, the total number of single-family permits issued year-to-date (YTD) nationally was 846,446. On a year-over-year (YoY) basis, this is a 9.4% growth...
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Building Materials and Lumber Prices Rise in November
By Jack Bjorklund / December 12, 2024According to the U.S. Bureau of Labor Statistics’ most current Producer Price Index (PPI) data, prices for inputs to new residential construction—excluding capital investment, labor, and imports—remained steady in...
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Inflation Sticks Despite Lower Housing Costs
By Jack Bjorklund / December 11, 2024Inflation rose to 2.7% in November, meeting predictions, but the last stretch to the Fed’s 2% objective becomes the most difficult. Shelter expenses continued to be the primary driver...