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 …
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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 »Multifamily Housing Market Confidence Rises in Q3 2025
Confidence in the market for multifamily housing increased year over year in the third quarter, according to the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The Multifamily Production Index (MPI) had a reading of …
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 »Senate Passes Legislation to Improve Forest Health and Housing Supply
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, …
Read More »Builder Confidence Rises in October
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 …
Read More »Report Reveals Impact of Skilled Labor Shortage on Homebuilding Industry
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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