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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February’s labor market data point to a significant pullback in employment, with job losses concentrated across a majority of states and smaller gains elsewhere, according to the National Association of Home Builders (NAHB). In February, nonfarm payroll employment increased in …
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The number of workers in the construction labor force moving toward management, business and technical roles is gaining momentum, according to the NAHB’s analysis of the latest 2024 American Community Survey (ACS). The share of construction trades workers has declined …
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According to estimates from the National Association of Home Builders (NAHB), the U.S. has a structural housing deficit of 1.2 million units. Among the various challenges facing builders, the industry is also facing a shortage of workers in construction trades, …
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Energy input prices increased in March at their fastest pace since June of 2020 as the conflict in Iran impacted critical global supply chains, according to an analysis from the National Association of Home Builders (NAHB). Building material prices, excluding …
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The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the first quarter, posting a reading of 62. The NAHB/Westlake Royal RMI survey asks remodelers to rate five components of the remodeling market as …
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The U.S. labor market saw modest growth in March following a weak February, with a slight increase in payroll employment and a decrease in the unemployment rate to 4.3%, according to the National Association of Homebuilders. Construction employment led job …
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The median age of owner-occupied homes has reached 42 years old, according to the latest data from the 2024 American Community Survey (ACS) and an analysis from NAHB’s Eye on Housing. The median age varies significantly by state, with New …
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