Remodeling has taken over a significant portion of the residential construction market, with most U.S. households unable to afford new construction. The number of remodeling establishments has nearly doubled in the last 25 years and remodelers now represent over half …
Read More »Tag Archives: eye on housing
Tariffs Drive Up Cost of Canadian Softwood Lumber Imports
Trade-related costs of Canadian imports have recently increased due to adjustments to antidumping and countervailing duty rates and the imposition of Section 232 tariffs, according to the National Association of Home Builders’ Eye on Housing. The average duty rate on …
Read More »Home Price Growth Slows to 2-Year Low
Home prices in August grew at the lowest annual rate in over two years, according to the recent release of the S&P Cotality Case-Shiller Home Price Index and an analysis from the National Association of Home Builders’ Eye on Housing. …
Read More »Construction Labor Force Ages, Gen Z Filling the Gap
The median age of the construction labor force is 42, a year older than a typical worker in the national labor force, according to an analysis of the most recent 2023 American Community Survey from the National Association of Home …
Read More »Women Make Strides in Construction Workforce
The number of women working in the construction industry rose to around 1.34 million in 2024, with women representing 11.2% of the construction workforce, according to data released in an Eye on Housing report from the National Association of Home …
Read More »Building Material Prices Rise in August
Residential building materials prices rose in August for the fourth consecutive month, reaching the highest level since January 2023, according to the National Association of Home Builders‘ Eye on Housing report. Service prices decreased in August while goods prices slightly …
Read More »Job Growth Slows in August
Job growth in August slowed as the unemployment rate rose to the highest level in four years, signaling a continued cooling in the U.S. labor market, according to the National Association of Home Builders’ (NAHB) Eye on Housing report. The …
Read More »Building Material Prices Continue to Climb in July
Prices for residential building materials increased in July, reaching the largest year-over-year growth in over two years, according to an analysis from the National Association of Home Builders Eye on Housing report. Construction machinery and metal molding/trim prices rose significantly, …
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