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Scottsman Guide

Tag: Construction

Federal land development is no ‘silver bullet’ for U.S. housing shortage: Realtor.com

The U.S. faces an estimated shortage of 3.8 million homes, though some are skeptical of how much federal land development could help

The U.S. faces an estimated shortfall of 3.8 million homes

Bipartisan legislation would make it easier to finance accessory dwelling units

The SUPPLY Act aims to establish government-backed funding for ADU construction

Rising construction wages underscore continued labor shortage woes

Construction wages jumped 21.1% from 2021 to 2024, outpacing job growth.

Wage growth is outpacing employment growth in the construction industry: LendingTree

Multifamily construction surge veils ‘underlying weakness’ in single-family sector

Multifamily construction starts surged in June but single-family starts fell even further behind May's pace

Affordability challenges are suppressing homebuying, boosting rental demand: Wells Fargo

Home builders still lack confidence despite recent legislative wins

The Housing Market Index inched up to 33 after posting a reading of 32 in June, which was the third-lowest mark since 2012

The Housing Market Index remains near historical lows

Steps to help builders weather uncertainty

Here’s how you can help your builder partners weather economic uncertainty

The South Atlantic region dominated single-family housing starts last year

More than a third of single-family housing starts in the U.S. in 2024 were concentrated in the South Atlantic region

The region’s 34% market share was more than five other Census divisions combined

New single-family home sales slump in May, erasing April’s gains

Sales of new single-family homes plummeted 13.7% in May to a seasonally adjusted annual rate of 623,000.

Home builder pessimism is beginning to show up in sales data

HUD reports five-year low for housing starts

Housing starts fell 10% month over month in May.

May housing starts were down 10% month over month, driven by a sharp dip in multifamily construction

Builder sentiment dips to third-lowest mark since 2012

The HMI index, a measure of builder sentiment, fell to a reading of 32 in June, its lowest mark since 2012.

Despite price cuts, prospective homebuyers are ‘moving to the sidelines’: NAHB

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