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Construction Job Openings Fell in February

Pro Builder

in December 2022, suggesting that the construction labor market may have peaked in 2022 and is now entering a cooling stage as the overall housing market weakens, NAHB Eye on Housing reports. The post-virus peak rate of hiring occurred in May 2020 (10.4%) as a post-covid rebound took hold in home building and remodeling.

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Why Builders Wait to See Lower Lumber Prices

Pro Builder

NAHB Policy Brief | Lumber prices have moderated, but lower costs haven't worked their way to builders; New home prices too expensive for lower-income households. The problem for home builders and remodelers is that although lumber futures have begun to moderate, lumber packages quoted to builders have held at or near record highs.

NAHB 98
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Construction Job Openings Dropped From Peak Highs in May

Pro Builder

in May, NAHB Eye on Housing reports. Still, the construction industry is actively recruiting skilled laborers to add inventory to a largely undersupplied market. The housing market remains underbuilt and requires additional labor, lots and lumber and building materials to add inventory. rate in May.

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Economic Outlook 2021

Pro Builder

Strong buyer demand despite higher home prices, shrinking inventory, a spike in lumber prices, and continuing supply chain issues are just some of the factors in play for the home building industry in 2021. Residential fixed investment in home building and remodeling expanded at a 10.8% Economic Outlook 2021. Fri, 06/18/2021 - 07:00.

NAHB 98
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Leading the Home Building Industry: Pro Builder's 2021 Forty Under 40

Pro Builder

million and gained entitlements for 208 single-family lots for Villamar at Toscana Isles • Won six 2020 Aurora Awards • Finalist in the National Association of Home Builders’ (NAHB) Young Professional Awards • Is spearheading the predevelopment of a 2,500-acre land parcel, Wilson Grove, in Port St. Lucie, Fla. Elise Goodell, 39.