Industry Data & Research
Industry Data & Research
Industry data and research for professional home builders and remodelers.
Harvard Says Remodeling Spending Downturn to Slow
Could the drop in remodeling spending from post-COVID levels regulate soon?
Industry Data & Research
The Latest Data on Construction's Workforce
To close the housing deficit in the United States, the industry needs more skilled workers. Here's where construction's workforce stands
News
The Remodeling Market Could Turn in Q4, Says Harvard
Repair and remodeling spending could see an uptick at the end of the year
NAHB
Building Materials Show Stability in 2023
Although supply chain bottlenecks have eased in recent months, shortages of some key materials persist.
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BuildFax Remodeling Index Shows Gains for February
National index shows homeowners continue to spend on remodeling
For-sale inventory increases in some metropolitan areas
The inventory of homes for sale rose slightly in March in many metropolitan areas across the nation. According to data compiled by ZipRealty, the listing inventory rose 1.1 percent in 23 metropolitan areas between February and March, after decreasing in both January and February.
Majority of Americans oppose elimination of mortgage deduction
A new Gallup poll shows that about 60 percent of Americans want to keep the mortgage interest deduction as part of the federal tax code. The poll asked respondents if they would favor eliminating certain tax deductions in order to lower the overall income tax rate or to reduce the federal budget deficit.
Study: 81 percent still think home is best investment
Despite the housing bubble and subsequent crash, more than 80 percent of Americans still think buying a home is the best long-term investment a person can make. That's according to a recent Pew Research Center study, which found that 37 percent strongly agreed with that idea and 44 percent somewhat agreed with it.
Exclusive research: Bath Projects on Upswing
Exclusive PR research shows continued growth in bath market
Construction employment sees slight improvement
Construction employment saw an uptick in February, as 141 out of 337 metropolitan areas had increases in construction jobs compared to one year earlier, according to an analysis of federal employment data by the Associated General Contractors of America. Dallas-Plano-Irving, Texas, had the largest increase in jobs, adding 7,500 (8 percent).
Private residential construction spending declines
Residential construction spending dropped in February, with home improvement spending leading the decline, after an unexpected increase in January.
Shadow inventory supply remains high
The “shadow inventory”—the supply of homes in foreclosure or owned by banks but not yet listed for sale—fell in January, but could affect the housing market as weak sales and prices persist.
NAR: Second home sales drop, but hold market share
The number of second home sales dropped in 2010, but the market share held steady, according to new data released by the National Association of Realtors. The 2011 Investment and Vacation Home Buyers Survey found that sales volume for vacation homes fell 1.8 percent in 2010 from 2009, while the volume for investment homes fell 7.8 percent.
Census Bureau: 13 percent of U.S. homes vacant
Thirteen percent of all U.S. homes stand vacant, according to U.S. Census Bureau data.