Housing production rebounded in March as builders increased production despite ongoing economic challenges, according to the National Association of Home Builders (NAHB). Overall housing starts increased 10.8% in March to a seasonally adjusted annual rate of 1.5 million units, according …
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QXO Completes Acquisition of Kodiak Building Partners
QXO announced it has completed its acquisition of Koriak Building Partners from Court Square Capital Partners for approximately $2.25 billion, expanding QXO’s addressable market to more than $200 billion. “By acquiring Kodiak, we’re providing our customers with a wider range …
Read More »Homebuilder Confidence Remains High
Despite concerns over inflation, supply-chain disruptions and an ongoing labor shortage, homebuilder confidence remains high, according to CNBC. Builders continue to benefit from a low supply of existing homes for sale and housing demand remains strong even during the slow …
Read More »Product Shortages Causing Builders to Raise Prices, Preorder
It’s no secret that building materials are in short supply and the price of lumber and other supplies has increased significantly. In May 2021, the National Association of Home Builders (NAHB) surveyed builders in its annual Housing Market Index. Builders …
Read More »Home Builders Report Sharp Uptick in Product Prices
Even as home builders report shortages of building materials and products, new research from the National Association of Home Builders (NAHB) suggests pros are also seeing sharp increases in product prices. In the latest version of the NAHB and Wells …
Read More »Home Builders Report Sharp Increase in Building Material Prices
Even as home builders report shortages of building materials and products, new research from the National Association of Home Builders (NAHB) suggests pros are also seeing sharp increases in product prices. In the latest version of the NAHB and Wells …
Read More »April Homebuilder Confidence Falls to Historic Low
The National Association of Home Builders (NAHB) has released new data outlining the effect COVID-19 has had on U.S. construction crews. The latest NAHB/Wells Fargo Housing Market Index (HMI) shows builder confidence fell 42 points in April to 30. Any …
Read More »Homebuilder Confidence Hits Highest Level Since 1999
U.S. homebuilder confidence reached its highest level since June 1999, according to new data from the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index. The latest reading of home builder confidence was 76 basis points in December. Anything …
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