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Builder confidence drops

Builder confidence drops for tenth straight month

In a further signal that rising interest rates, building material bottlenecks and elevated home prices continue to weaken the housing market, builder sentiment fell...

Construction employment dips In January despite record rise in wages

Construction employment dipped by 5,000 jobs between December and January even though hourly pay rose at a record pace in the past year, according...

HBI report shows labor shortage weakening housing supply, affordability

A lack of skilled construction labor is a key limiting factor for improving housing inventory and affordability, according to the Home Builders Institute’s (HBI’s)...

Construction spending slumps nationwide in September

Total construction spending declined in September for the first time since February, as both residential and nonresidential construction slipped, according to a new analysis...

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