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Tag Archives: labor shortages

Homebuilding Labor Shortages and Costs Continue to Rise

labor shortages in homebuilding

Labor shortages in the homebuilding industry are becoming more widespread, according to recent results from the September 2026 NAHB/Wells Fargo Housing Market Index (HMI) survey. The survey asked builders about shortages in 16 specific trades. The percentage of builders reporting …

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Builder Confidence Drops in September

builder confidence

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 …

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Single-Family Housing Starts Down in April

single-family housing starts april

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% …

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