NAHB reports that multifamily units under construction is reaching a near 50-year high, and multifamily permit growth is weakening. Single-family housing starts continued to fall in November.

While builder confidence for newly built single-family homes posted declines for 12 straight months, NAHB reports that builders are registering an increase in future sales expectations. 

Cali's competitively priced rigid core luxury vinyl plank is made for large-scale projects and stocking options.

Pending home sales slid for the fifth consecutive month in October, according to the National Association of Realtors. Three of four U.S. regions recorded month-over-month decreases, and all four regions recorded year-over-year declines in transactions.

Year-to-date, total construction was 16% higher in the first ten months of 2022 compared to the same period of 2021.

 Elevated interest rates, stubbornly high building material costs and declining affordability conditions that are pushing more buyers to the sidelines continue to drag down builder sentiment.

Spending for home improvements will continue to face headwinds from declining home sales, rising interest rates, and the increasing costs of contractor labor and building materials.

The new 700-square-foot showroom offers hardwood flooring from around the world to architects, designers, developers and homeowners. 

Even before the pandemic, millions of older adults in the US struggled to pay for housing, causing them to spend less on food, healthcare, and other necessities. The pandemic exacerbated these issues, according to a new report. 

Existing-home sales experienced a slight dip in August, marking the seventh consecutive month of declines, according to the National Association of Realtors.