Housing & Construction

Analysts from John Burns Real Estate Consulting shared their forecasts and analysis for the housing market and building products sales — including a review of hot spots in housing. 

Despite massive coronavirus-induced layoffs over the past 12 months, construction employees are becoming harder to find and more expensive, a new report found.

By looking at the timing of injuries, the hope is that companies will be able to reduce their number which in the construction industry is especially high.

Lumber prices are at an all-time high, driven up by surging demand amid a supply chain coordination squeeze, production limitations, and a pesky beetle.

NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 2.5% in January to a seasonally adjusted annual rate of $713 billion, reaching a record high.

I was recently downloading some photos from my fancy digital camera, and I stumbled across hundreds of forgotten pictures I shot while my daughter’s new home was being built on Mount Desert Island in Downeast Maine.

The SBCA’s National Framers Council (NFC) is a member of the Construction Industry Safety Coalition (CISC), which is made up of 30 trade associations from all sectors of the construction industry.

The Centers for Disease Control and Prevention has updated its checklist for construction employers during the COVID-19 pandemic, and has asked contractors to consider the mental health and wellbeing of their workers.

Building materials prices topped the list of problems builders faced in 2020 and is expected to return to the number one spot in 2021, according to special questions on the December 2020 survey for the NAHB/Wells Fargo Housing Market Index.

Plaza Construction, a New York City-based construction management firm that has mostly focused on commercial construction in recent years, has re-launched its luxury Plaza Homes division to meet surging demand in the sector as other nonresidential contractors pile into the red-hot homebuilding space.