Builder Data & Analysis
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Liberty Cedar
Leading top quality specialty wood products, tropical lumbers & domestic hardwoods, custom milling and flooring, trim packages, timbers and other materials serving Rhode Island, Massachusetts, Connecticut, and Long Island with excellent customer service. Delivery to other areas via common carrier.
Shop online at Libertycedar.com
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Single-Family Starts Flat in October Amidst Mixed Market Signals
Despite rising mortgage rates and supply chain constraints, the housing market showed resilience in October, with overall housing starts increasing by 1.9% to a seasonally adjusted annual rate of...
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Multifamily Developer Confidence Weak in Third Quarter Amid Financing Concerns
The National Association of Home Builders (NAHB) Multifamily Market Survey (MMS) revealed a decline in confidence among multifamily developers in the third quarter of 2023. The Multifamily Production Index...
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Builders and Lenders: Credit is tightening
The third quarter of 2023 saw a continued tightening of credit availability for residential AD&C loans, according to both the National Association of Home Builders (NAHB) AD&C Financing survey...
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Rising mortgage rates reduce housing affordability to lowest level in index history
Rising mortgage rates, higher construction costs, and limited current availability all contributed to housing affordability reaching its lowest level in more than a decade in the third quarter of...
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Construction Employment Sees Nearly 3% Increase Since August 2022
Nonfarm payroll employment climbed in 33 states and the District of Columbia in August, while it decreased in 17 states. According to the Bureau of Labor Statistics, total nonfarm...
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ABC: Construction Backlog Indicator Remains Stable in August, Contractors Confident
An ABC member poll performed from August 21 to September 6, the Construction Backlog Index fell to 9.2 months in August, a 0.1 month decrease, according to the Associated...
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NAHB: Major Metro Areas Experience Biggest Drop in Single-Family Construction
According to the latest data from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) for the second quarter of 2023, multifamily market growth also declined...
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NAHB: Multifamily Developer Confidence in Positive for Second Quarter
According to the National Association of Home Builders (NAHB) Multifamily Market Survey (MMS), confidence in the market for new multifamily housing was positive in the second quarter. The MMS...
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ABC: July Sees Uptick in Construction Backlog Indicator, Contractors Stay Confident
According to an ABC member survey conducted from July 20 to August 4, the Associated Builders and Contractors Construction Backlog Index climbed to 9.3 months in July. From July...
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NAHB: Single-Family Starts Decline in June
After four consecutive monthly advances, single-family production dropped back, as rising construction costs and mortgage rates reduced home building activity and exacerbated affordability difficulties for home buyers. According to...
