Remove 2021 Remove Construction Remove Inventory Remove Remodeling
article thumbnail

Construction Industry Reports Strong Year-Over-Year Gains for Job Openings

Pro Builder

Construction Industry Reports Strong Year-Over-Year Gains for Job Openings. The construction labor market is eager to recruit skilled workers as new housing starts take off in the first months of 2022. Hiring for construction jobs remained strong throughout December, but slowed at a 4.3% Construction. growth rate.

article thumbnail

Along With an Affordability Crisis, Buyers Face an Aging Housing Stock

Pro Builder

Along With an Affordability Crisis, Buyers Face an Aging Housing Stock ldeakins Mon, 02/06/2023 - 10:35 Prospective buyers searching for new homes are instead finding a growing inventory of for-sale properties that are 40 years or older The U.S. was 40 years in 2021, the oldest supply on record. New construction added nearly 8.3

Housing 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

October Reports Surge in Construction Job Openings

Pro Builder

October Reports Surge in Construction Job Openings. Thu, 12/09/2021 - 10:29. More job gains have been reported in the second half of 2021, but many more are needed to contend with an industry-wide labor shortage. Despite a lack of workers, hiring in the construction industry rose to a 5.0% Construction.

article thumbnail

Construction Job Openings See Strong Year-Over-Year Gains

Pro Builder

Construction Job Openings See Strong Year-Over-Year Gains. The construction sector is actively hiring and recruiting, but the Great Resignation could keep the labor market tight. After a record number of 445,000 open construction jobs in October 2021, unfilled positions dropped to 345,000 in November, a 5.6% Construction.

article thumbnail

A Look at Lumber Prices From the Supply Side

Pro Builder

Wed, 03/31/2021 - 12:00. I can say with confidence that the market conditions of 2020 and early 2021 are examples of a supply chain and pricing environment most of us have truly never encountered. . A Look at Lumber Prices From the Supply Side. By now, the story is cemented of how we arrived in the situation we face today.

Inventory 124
article thumbnail

Leading the Home Building Industry: Pro Builder's 2021 Forty Under 40

Pro Builder

Leading the Home Building Industry: Pro Builder's 2021 Forty Under 40. Wed, 04/07/2021 - 15:02. Meet our class of 2021—the rising stars in home building. Pro Builder is proud to present the Forty Under 40 Class of 2021. Pro Builder is proud to present the Forty Under 40 class of 2021.

article thumbnail

Economic Outlook 2021

Pro Builder

Economic Outlook 2021. Fri, 06/18/2021 - 07:00. Strong buyer demand despite higher home prices, shrinking inventory, a spike in lumber prices, and continuing supply chain issues are just some of the factors in play for the home building industry in 2021. National Association of Home Builders.

NAHB 98