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Fed Economist Forecasts Uptick in Single-Family Construction

Pro Builder

Fed Economist Forecasts Uptick in Single-Family Construction. NAHB reports. Thu, 10/06/2022 - 10:24. The housing market may be slowing, but senior economist Jordan Rappaport predicts an upcoming surge in single-family home building . million, but a number of challenges remain for regional builders across the U.S.,

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NAHB Chairman's Letter: Regulations Add $93,870 to a New Home’s Price

Pro Builder

NAHB Chairman's Letter: Regulations Add $93,870 to a New Home’s Price. Chuck Fowke NAHB 2021 Chairman. A new study by economists at the National Association of Home Builders (NAHB) highlights the cost of regulation to the residential construction industry. from $84,671 in 2016 during the five-year span between NAHB’s estimates.

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Economic Outlook 2021

Pro Builder

Derived from a monthly survey that NAHB has been conducting for 35 years, the NAHB/Wells Fargo Housing Market Index (HMI) gauges builder perceptions of current single-family home sales and sales expectations for the next six months as “good,” “fair,” or “poor.” All of this growth translated to housing making up 17.6% New-Home Sales.

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100+ Construction Industry Statistics

Autodesk Construction Cloud

increase in construction building material November 2021 YTD, tripling the increase of the prior year. [ Between 2% and 20% of total costs is the estimated amount of rework, which has a negative impact on a project schedule. NAHB ] | Click to Tweet. AI is forecasted to reach $4.51 Click to Tweet. AGC ] | Click to Tweet.