Housing & Construction

Softwood lumber producers had a wild ride in 2020.

The U.S. Chamber of Commerce recently reported nearly half of all surveyed commercial construction contractors turn down work, with the vast majority saying it’s harder than ever to find skilled help for the projects they do accept.

In many communities, 2-4 unit multifamily housing (structures with two, three or four units) is the key to expanding the existing housing stock, in order to solve the housing shortage.

On January 21, 2021, President Biden signed an executive order aimed at increasing COVID-19 workplace safety measures at the federal level.

Rising material costs led by a huge upsurge in lumber prices, along with a resurgence of the coronavirus across much of the nation pushed builder confidence in the market for newly built single-family homes down three points to 83 in January, according to the latest NAHB/Wells Fargo Housing Market Index (HMI).

Home builders had already begun to pivot their focus heading into 2020.

In 2020, the tiny-house movement saw an increase in interest and a boom in sales thanks to the coronavirus pandemic. 

Housing starts jumped 5.8% during December. Single-family starts soared 12%, while multifamily starts dropped 13.6%.

The COVID-19 pandemic—and its associated economic effects—has upended much of the conventional wisdom around determining where, and how, families want to live.

Today, the experts at Zonda, the housing industry’s foremost advisors, released the New Home Lot Supply Index (LSI) for 3Q2020.