Builder Data & Analysis
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Chamberlain Timber Mart
Chamberlain Timber Mart offers quality building materials & renovation supplies from lumber, siding, windows & doors, drywall, roofing, tools, hardware, paint, plumbing, electricals, flooring, & more in Muskoka Central Ontario, Canada.
Shop online at Chamberlaintimbermart.ca
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Builder Confidence Falls as Market Expects Rate Cuts
A lack of affordability, as well as buyer reluctance due to high interest rates and housing prices, contributed to a drop in builder sentiment in August. According to the...
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NAHB: Building Material Price Growth Tracking Close to 2023
Residential construction inputs, excluding food and energy, fell 0.04% in July, according to the most recent Producer Price Index (PPI) report published by the U.S. Bureau of Labor Statistics...
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First time in years: Luxury property values are rising faster than average residences
Luxury home value increase, which has persistently lagged that of the market’s middle tier in recent years, has now outperformed gains on average homes for five straight months, according...
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Construction Job Openings Slowdown
According to the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS), the number of open construction sector jobs decreased in June as home development slowed and...
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Sawmill Production Drops During the First Quarter
The sawmill and wood preservation sectors’ production index declined to 91.9 in the first quarter of 2024 (the indicator measured real output in 2017 at 100). According to the...
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Single-Family Slips, Multifamily Surges in June
Increased interest rates on home mortgages and construction and development loans slowed single-family production and demand in June. Housing starts jumped 3.0% in June to a seasonally adjusted annual...
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Builder Confidence Drops to Lowest Level in 7 Months as Rates Bite
Mortgage rates averaged 6.92% in June, according to Freddie Mac, and high rates for construction and development loans continue to dampen builder optimism. Builder confidence in the market for...
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NAHB: Lot Values Are On The Rise
According to National Association of Home Builders (NAHB)’s research of Census Bureau Survey of Construction (SOC) data, lot values for single-family detached spec homes continued to grow, with national...
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ABC: Construction Backlog Up Slightly in June
According to an Associated Builders and Contractors (ABC) member survey performed between June 20 and July 3, the Construction Backlog Indicator climbed to 8.4 months in June. The reading...
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MBA: Increased Mortgage Activity in June
From May to June, the Market Composite Index, a measure of mortgage loan application volume derived from the Mortgage Bankers Association’s (MBA) weekly survey, rose by 8.2% on a...
