Data

Housing Production Shows Solid Start to 2020

Total housing starts decreased 3.6 percent in January from an upwardly revised December reading to a seasonally adjusted annual rate of 1.57 million units, according to a report from the U.S. Housing and Urban Development and Commerce Department. Meanwhile, overall permits surged to a 13-year high.

Housing Starts Increase in June but Concern Grows Over Weakening Permit Numbers

Overall housing starts increased 6.3 percent in June to a seasonally adjusted annual rate of 1.64 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Despite the increase in housing production, there is concern over weakening…

Builder Confidence Edges Lower as Material Challenges Persist

Strong buyer demand helped to offset supply-side challenges relating to building materials, regulation and labor as builder confidence in the market for newly built single-family homes inched down one point to 80 in July, according to the National Association of Home Builders/Wells Fargo Housing…

Remodeling Poised to Strengthen Further, says Harvard

Annual gains in homeowner improvement and maintenance spending are set to accelerate in the second half of the year and remain elevated through mid-year 2022, according to the Leading Indicator of Remodeling Activity by the Remodeling Futures Program at the Joint Center for Housing Studies of…

Remodeling Industry Confidence Improves Year over Year

The National Association of Home Builders released its Remodeling Market Index for the second quarter, posting a reading of 87, up 14 points from the second quarter of 2020. The finding is a signal of residential remodelers' confidence in their markets, for projects of all sizes.

Construction Employment Declines in June as Firms Continue to Face Material, Labor Shortages

Construction employment declined by 7,000 between May and June as the industry still employs 238,000 fewer people than before the pandemic, according to an analysis by the Associated General Contractors of America of government data. Association officials say that job losses in the nonresidential…

Demand for Larger Homes Grew Over the Past Year, AIA Survey Finds

For the first time in five years, homeowner interest in larger homes increased over the past 12 months, according to data from the American Institute of Architects’ Home Design Trends Survey.

New Home Sales Drop in May Amid Rising Housing Costs

New home sales fell to the lowest pace in a year, with prices jumping 18 percent on a year-over-year basis, due to the high costs and uncertain availability of building materials, lots and labor.

Single-Family Starts Steady in May

Overall housing starts increased 3.6 percent in May to a seasonally adjusted annual rate of 1.57 million units off of a downwardly revised April reading, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. 

Vinyl Windows Recoup Nearly 70 Percent of Costs, According to Cost vs. Value Report

Remodeling Magazine's recently released 2021 Cost vs. Value Report showed vinyl window replacement project recoup 68.6 percent of its costs, down from 72.3 percent last year.