Tag Archives: labor shortages

Single-family housing starts rebounded in August, but production remains down 4.7% year-to-date as builders contend with rising construction costs, lot and labor shortages and economic uncertainty, according to an analysis from the National Association of Home Builders (NAHB). Overall housing …

Higher mortgage rates, worsening labor shortages and rising material costs are weighing on builder sentiment. Builder confidence in the market for newly built single-family homes fell three points to 32 in September, according to the most recent National Association of …

Single-family housing starts declined in April as builders faced continued economic uncertainty and affordability challenges, including higher construction costs, ongoing labor shortages and elevated financing expenses, according to the National Association of Home Builders (NAHB). Overall housing starts decreased 2.8% …