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Fed Economist Forecasts Uptick in Single-Family Construction

Pro Builder

Fed Economist Forecasts Uptick in Single-Family Construction. After decades of underbuilding and a recent shift to remote work, Rappaport predicts that national single-family permits could eventually rise to a long-term annual rate of 1.4 NAHB reports. Thu, 10/06/2022 - 10:24.

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Builders Pull Back Due to Building Material Costs and Labor Issues

Pro Builder

Builders Pull Back Due to Building Material Costs and Labor Issues. Limited availability and rising costs of construction materials are creating a slowdown in housing production. Builder confidence remains solid in spite of supply-side challenges, according to the NAHB/Wells Fargo Housing Market Index (HMI). Building Materials.

Materials 105
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Housing Starts Spring Forward in March

Pro Builder

Also, builder confidence remains strong in spite of supply-side challenges, according to the NAHB/Wells Fargo Housing Market Index (HMI). Despite the rising cost for lumber and other building materials, Housing starts for combined single-family and multifamily construction were off to their fastest pace during March since June 2006.

Housing 52
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Inflation Concerns Elevated by Labor Shortage and Lumber Tariffs

Pro Builder

year-over-year inflation gain for the month of October, marking the largest increase in over 30 years, according to NAHB Now. Supply-chain issues are also delaying construction starts across the country, though single-family permits are steadily increasing. Building Materials. Housing Markets. Market Data + Trends. Economics.

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Lumber Prices Hit Record High, Threatening Housing's Momentum

Pro Builder

We are shocked and very disappointed to see the prices had gotten to that level," said Jerry Howard, CEO of The National Association of Home Builders (NAHB) in an exclusive interview with Pro Builder earlier today. NAHB CEO Jerry Howard | Photo c. NAHB Leadership Predicts Lumber Price, New Administration Effects on Housing.

Housing 119