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Labor and Material Shortages Delay Home Construction

Pro Builder

Labor and Material Shortages Delay Home Construction. Tue, 10/26/2021 - 09:51. Though the COVID-19 pandemic has caused housing demand to soar in the past year, contractors are facing major labor and supply shortages delaying home construction. million by June 2021, a jump of 36.4% Building Materials. in two years.

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Remodeling Expenditures See Strong Growth in 2021

Pro Builder

Remodeling Expenditures See Strong Growth in 2021. Fri, 10/22/2021 - 09:56. Harvard’s Joint Center for Housing Studies is monitoring the rise of repair and improvement sales and their effect on growing demands within a booming housing market. Remodeling projects are picking up speed across the U.S. Read More. .

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Building Materials Prices Fell for the Third Consecutive Month in September

Pro Builder

Building Materials Prices Fell for the Third Consecutive Month in September. Prices for building materials like softwood lumber and steel mill products are posting consecutive monthly declines, while prices for ready-mix concrete are on the rise. Building materials prices fell 0.3% Building materials prices fell 0.3%

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The Share of Women in Construction Rose Sharply in 2021

Pro Builder

The Share of Women in Construction Rose Sharply in 2021. The number of women working construction jobs climbed to a record high in 2021, and according to NAHB, that share is still going up. million in 2021. million in 2021. Tue, 09/13/2022 - 10:16. of the such occupations. Women in Construction. Labor + Trade Relations.

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Prices for Building Materials Continue to Rise

Pro Builder

Prices for Building Materials Continue to Rise. in March, adding to a total 8% year-to-date increase, according to NAHB Eye on Housing. in March, adding to a total 8% year-to-date increase, according to NAHB Eye on Housing. gain since September 2021. Year-over-year, building materials prices increased 20.4%

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Construction Spending Falls with Declines in Residential, Nonresidential Activity Amid Growing Labor and Materials Shortages

Construction Superintendent Magazine

in June as spending on new housing and nonresidential projects declined compared to May, according to an analysis the Associated General Contractors of America released of federal spending data. higher than in June 2021. Total construction spending fell by 1.1% That figure was 1.1% below the upwardly revised May rate and 8.3%

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Lumber Prices Fell to New 2022 Low Following Goldman Sachs Housing Forecast

Pro Builder

Lumber Prices Fell to New 2022 Low Following Goldman Sachs Housing Forecast. Lumber prices fell 4% to a new 2022 low on Tuesday as higher mortgage rates speed along a housing downturn. Building Materials. Building Materials. Building Materials. Wed, 08/31/2022 - 11:00. Engineered Wood.