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 …
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The Senate Committee on Agriculture, Nutrition and Forestry recently passed the Fix Our Forests Act, legislation that will contribute to better forest management practices and strengthen the nation’s housing supply chain. The Fix Our Forests Act will expedite environmental analyses, …
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Builder sentiment levels increased in October as future sales expectations exceeded the 50-point mark for the first time since January 2024, according to the National Association of Home Builders (NAHB). Builder confidence in the market for newly built single-family homes …
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A decrease in production of thousands of newly built homes is due to a skilled labor shortage of $10.8 billion per year, according to the Home Builders Institute’s (HBI’s) recently released Fall 2025 Construction Labor Market Report. Key findings from …
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The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the third quarter of 2025, posting a reading of 60, a one point increase over Q2. “Overall, remodelers remain optimistic about the market, although …
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The U.S. government implemented a shutdown at 12:01 a.m. on Oct. 1, 2025, after failed attempts to reach an agreement to extend government funding. Here’s how the shutdown will affect housing and homebuilders, according to the National Association of Home …
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New tariffs on lumber and timber have been announced in a recent proclamation from President Donald Trump. A 10% tariff on foreign softwood lumber and timber and a 25% tariff on kitchen cabinets, vanities and upholstered wooden furniture will be …
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A slight drop in mortgage rates led to a large jump in new home sales in August, but a decrease in existing home sales, according to an analysis from the National Association of Home Builders (NAHB). Sales of newly built single-family …
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