Existing-home sales retreated for the fourth consecutive month in May. Month-over-month sales declined in three out of four major U.S. regions, while year-over-year sales slipped in all four regions, according to the National Association of Realtors.
The number of U.S. secondary schools embracing trade skills curriculums is growing rapidly, according to the Home Builders Institute (HBI). The chief executive of the nation’s largest nonprofit organization in construction skills training says middle and high schools are reexamining the need to expose more of their students to the trades.
Prices of materials and services used in new nonresidential construction leaped nearly 21 percent in April from year-ago levels, according to an analysis of government data by the Associated General Contractors of America.
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the new residential sales statistics for March 2022.
Pending home sales dropped in March, signifying five straight months that contract activity has declined, according to the National Association of Realtors.
The 43 members of the National Floorcovering Alliance (NFA) opened their spring meeting at the Grand Hyatt in Vail, Colorado, with roundtable discussions aimed at making their businesses more proficient and profitable amid ever-changing market conditions.
Building Talent Foundation (BTF) announced the main findings of a residential construction workforce engagement study designed to probe into tradespeople opinions about their career plans.