For the past decade, a housing shortage in the United States has supported strong forecasts for single-family construction. Driven by household formation among millennials and…
construction costs
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Builder Confidence Edges Higher as Affordability Challenges Persist
Last month, the National Association of Home Builders (NAHB) announced that builder confidence posted a modest gain in May, even as buyers grapple with rising…
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Builders Catch a Break as U.S. and China Pause Tariffs
White House officials announced Sunday that they reached a trade agreement with China after two days of negotiations in Geneva. The news comes two months…
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Builder Confidence Continues to Slide
For the second month in a row, builder sentiment has dropped in the face of economic uncertainty, the threat of tariffs and elevated construction costs,…
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Residential Construction Numbers Mixed in December, Current Outlook Unclear
The U.S. Census Bureau released its report on new residential construction in recent weeks and the results were mixed. According to the report, privately-owned housing…
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Will Higher Home Prices Slow the Pace for Doors and Windows?
In the third quarter of 2023, rising mortgage rates, elevated construction costs and a limited inventory of homes pushed housing affordability to its lowest level…
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Despite Low Builder Confidence, Door and Window Companies See Better Months Ahead
Rising mortgage rates, elevated construction costs and limited inventory have pushed housing affordability to its lowest point in more than a decade, the National Association…
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Rising Mortgage Rates Lower Housing Starts
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly issued new residential construction statistics for August 2023 and the numbers…
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Builder Confidence Continues to Climb in Face of Concerns Over Rising Rates
The National Association of Homebuilders (NAHB) credits demand for new homes, thanks to low existing inventory, for the increase in builder confidence in the month…
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NAHB/Wells Fargo HMI Shows Builders “Cautiously Optimistic”
High construction costs and elevated interest rates continue to hamper housing affordability, but March had builders showing a “cautious optimism,” as demand shifts to the…