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Housing Starts Slumped in November Despite Retreating Mortgage Rates

Pro Builder

Housing Starts Slumped in November Despite Retreating Mortgage Rates. Mortgage rates fell slightly throughout November, but despite a gradual improvement in housing affordability, new housing starts and building permits posted monthly declines. November housing starts fell 0.5% Wed, 12/21/2022 - 10:47.

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HBI President Ed Brady’s Call to Action to Solve the Construction Industry’s Labor Shortage

Pro Builder

Brady talks about the Home Builders Institute’s action plan for tackling the housing industry’s chronic shortage of skilled labor. NAHB Chairman’s Message: Helping Home Builders Grow Their Businesses and Keep the U.S. 2022 Housing Forecast: Opportunities and Challenges. Rich Binsacca, Editorial Director. Economy Humming.

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How the Construction Industry Is Rethinking Workforce Development

Pro Builder

based organization dedicated to addressing the construction worker shortage, she wondered about the root causes of the housing industry’s skilled worker shortage. Based on data from the Bureau of Labor Statistics analyzed by NAHB Economics, the construction industry as a whole needs a net gain of about 2.4 But the task is monumental.

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100+ Construction Industry Statistics

Autodesk Construction Cloud

million new housing units planned annually in the U.S. — Eye On Housing ] | Click to Tweet. Construction industry is unionized. NAHB ] | Click to Tweet. AI is forecasted to reach $4.51 Redshift ] | Click to Tweet. up from 583,000 in 2009. Census Bureau ] | Click to Tweet. Oxford Economics ] | Click to Tweet.