As homebuilders continue to face challenges when it comes to labor shortages, lot prices and increasing costs for materials, officials from the National Association of Home Builders (NAHB) say they’re also seeing decreases in single-family sales. In the meantime, a survey of NAHB members indicates that builders are packing up and moving to the exurbs, […]

Residential construction was down in February, but this had no negative impact on industry employment, according to the most recent federal government data. The U.S. Census Bureau reports total construction increased 1 percent from January to February and 1.1 percent from February 2018 to February 2019 on a seasonally adjusted annualized rate. The lukewarm total […]