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Home sales

Survey: Millennial home buyers want larger homes

As the home building industry celebrates New Homes Month in April, new research shows that new buyers have an increased desire for bigger homes...

Residential building worker wages continue to rise

Compared to a year ago, average hourly earnings for residential building workers continue to rise, as the construction labor market remains tight, the National...

Supply chain issues slow residential construction permits in January

Over the first month of 2022, the total number of single-family permits issued year-to-date (YTD) nationwide reached 83,404, according to the National Association of...

NAHB report: Nearly seven in 10 households can’t afford new median-priced home

Rising home prices and interest rates are taking a terrible toll on housing affordability, with 87.5 million households — or roughly 69% of all...

NAHB: Home prices discourage a growing segment of prospective buyers

The share of prospective buyers actively trying to find a home fell in both the third (57%) and fourth quarters (52%) of 2021, after...
Construction jobs

Builder confidence edges lower on inflation fears

Growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in builder sentiment even as consumer demand remains robust. Builder confidence in...
Construction jobs

Home builder confidence edges lower on inflation concerns

Growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in home builder sentiment even as consumer demand remains robust. Builder confidence...

NAHB: Private residential spending rises in November

An analysis of Census Construction Spending data by the National Association of Home Builders, released Jan. 3, shows that total private residential construction spending...

NAHB: Construction loan growth hits post-recession high in third quarter

Residential construction loan volume reached a post-Great Recession high during the third quarter, as home building activity continued to expand in 2021, according to...

Single-family home size continues to trend higher, NAHB report shows

An expected impact of the COVID-19 pandemic crisis is a need for more residential space, as people use homes for more purposes including work....

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