Articles Tagged with ''market reports''

Existing-home sales recorded a third straight month of declines, slipping slightly in April, according to the National Association of Realtors. 

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.

NAHB reports more than a third (36%) of millennials are now in favor of a larger home and home builders are responding to this trend.

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.

Existing-home sales rose in November, denoting three consecutive months of increases, according to the National Association of Realtors. Three of the four major U.S. regions reported growth in monthly sales, while the fourth region held steady in November.

Ongoing external challenges like labor shortages, supply chain disruptions, spiking inflation, and prospects for rising interest rates will likely slow the growth in firm billings in the coming months.

Supply chain issues and material shortages temper industry’s outlook despite continued strong market.