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Tag: Construction

Single-family construction permits decline in April for the fourth month in a row

Construction permit activity for single-family homes in the U.S. declined for the fourth month in a row in April, per the NAHB.

Multifamily permits have also dipped year to date: NAHB

Labor shortages, immigration crackdowns take a toll on the construction industry

Study highlights construction labor shortage issues and their financial impacts.

A lack of skilled workers costs builders more than $10 billion annually, study finds

The removal of office space will outpace construction this year: CBRE

An estimated 23.3 million square feet of office space will be converted or demolished in 2025

New and existing home prices aren’t that far apart: NAHB

The price gap between new and used housing stock has narrowed dramatically since 2010, per the NAHB.

The price gap between new and used housing stock has narrowed dramatically since 2010

April construction spending dips, with residential projects seeing the steepest decline

Spending on construction projects in the U.S. fell 0.4% in April from the prior month, with residential spending falling even more

While public construction projects ramped up last month, private sector spending fell 0.7%

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