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Labor shortage weakening housing supply, affordability

A new report from the Home Builders Institute says thousands of skilled workers are needed to meet current housing demands. Keep Reading

Worker shortages, material prices impacting residential construction

Homebuilders say filling positions is currently among their top concerns, ranking third behind high lumber prices and regulatory burdens. Keep Reading

March 2019 construction starts leap 16 percent

New construction starts in March advanced 16 percent from the previous month to a seasonally adjusted annual rate of $809.2 billion, according to Dodge Data & Analytics. Keep Reading

Report: Housing starts to total 1.6 million units in 2021

Find out more about the report from Freedonia Focus Reports. Keep Reading

Construction takes a hit in January

The value of new construction starts fell 13 percent in January to a seasonally adjusted annual rate of $485.0 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The downturn followed a healthy performance in December, which… Keep Reading

Multifamily housing demand expected to rise for next few years

Demand for apartments will increase over the next several years, said panelists during a press conference at the National Association of Home Builders (NAHB) International Builders’ Show (IBS) in Las Vegas. And while multifamily construction continues to be strong, NAHB… Keep Reading

Nonresidential building carries new construction starts in May

New construction starts in May advanced 5 percent from April, according to McGraw Hill Construction. Much of the upward lift came from nonresidential building, which registered moderate growth for the second straight month after a sluggish performance at the outset… Keep Reading

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