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Regulatory Costs Account for 23.8% of New-Home Prices

Pro Builder

Regulatory Costs Account for 23.8% Housing regulations during development and construction account for $93,870 or 23.8% NAHB Chairman Chuck Fowke calls on policymakers to reduce or eliminate unnecessary regulations so builders can increase production. of New-Home Prices. cbroderick. Tue, 05/11/2021 - 09:07.

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Women Now Account For 10.3% of Construction Workforce

Pro Builder

Women Now Account For 10.3% During the Great Recession, the number of female construction workers dropped by nearly 30% and have only now come back to pre-recession numbers, according to NAHB. of Construction Workforce. cbroderick. Tue, 09/15/2020 - 09:19. More improvement is needed here. Construction.

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The Share of Women in Construction Rose Sharply in 2021

Pro Builder

The number of women working construction jobs climbed to a record high in 2021, and according to NAHB, that share is still going up. Women currently make up 11% of the construction workforce, the highest share on record, according to NAHB Eye on Housing. million in 2021. of the such occupations.

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Lumber Prices Lead the Latest Surge in Building Material Costs

Pro Builder

Lumber Prices Lead the Latest Surge in Building Material Costs. The cost of building materials continued on an upward trajectory last month, according to the Bureau of Labor Statistics’ Producer Price Index. Prices paid for goods used in residential construction rose by 1.8%, according to NAHB. cbroderick.

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Home Builder and Lumber Producer Associations Face Opposing Perspectives

Pro Builder

Lumber Coalition, an alliance of softwood lumber producers, called out the National Association of Home Builders (NAHB) last week for its claim that import duties are pushing up housing costs. Building Materials. Building Materials. Read More. . Construction.

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OSB Costs 500% More Since 2020

Pro Builder

While the country’s eyes and ears were locked onto the changes of lumber prices, other building material costs shot up, such as oriental strand board, or OSB. Prices and increases depend on location and use, notes NAHB. Oriented strand board accounts for the most wood product used in structural panel applications in new construction.

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Consumer Price Index Points to Elevated Inflation and Higher Interest Rates in 2022

Pro Builder

The NAHB predicts that the Federal Reserve will raise the federal funds rate three times in 2022 and taper asset-backed security purchases at an accelerated pace, which will cause interest rates to rise throughout the year. New NAHB analysis finds that a key cause behind this price growth is insufficient production. during the 2010s.

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