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
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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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Changing Age Demographics Affect the Housing Market
The high number of homes for sale right now could be due to the increased number of households with members who are 55 and older, said a University of Virginia professor in a report by The Virginian-Pilot.
Existing-Home Sales Move Up in August
Existing-home sales rose in August following a big correction in July, according to the National Association of Realtors. Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 7.6 percent to a seasonally adjusted annual rate of 4.13 million in August from an upwardly revised 3.84 million in July, but remain 19.0 percent below the 5.10 million-unit pace in August 2009.
Las Vegas' Existing Home Sales Hit 2-Year Low, New Home Sales A Record Low
August home sales in Las Vegas dropped to a two-year low for that month, according to real estate research firm MDA DataQuick of San Diego. Prices remained stagnant on a year-over-year basis but increased when compared with July.
Lumber Prices Jump Maximum Amount After U.S. Housing Starts Gains Announced
Future prices for lumber rose the maximum permitted by the Chicago Mercantile Exchange as a jump in U.S. housing starts revived prospects for construction materials. Lumber futures for November delivery rose the CME’s $10 daily limit, or 4.5 percent, to settle at $232 per 1,000 board feet at 1:10 p.m. in Chicago.
More Delinquent Home Loans Entering Foreclosure Pipeline
Mortgage performance statistics showed an acceleration of U.S. home loan delinquencies entering the foreclosure process in August 2010, according to Jacksonville-based Lender Processing Services' latest First Look Mortgage Report, derived from a database of nearly 40 million mortgage loans.
Higher Subsidies For Wealthiest Buyers
Congress should extend increased loan limits on mortgages backed by Fannie Mae and Freddie Mac that are set to expire at year end, according to the powerful chairman of the House Financial Service Committee Democratic Rep. Barney Frank of Massachusetts.
August Home Repossessions Highest Since Start Of Mortgage Crisis
Lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis. In all, banks repossessed 95,364 properties last month, up 3 percent from July.
Fannie, Freddie Projected To Cost Govt $53 billion Through 2020
Mortgage finance giants Fannie Mae and Freddie Mac could cost the government $53 billion through 2020 or save the government as much as $44 billion, depending on the accounting principles used.
Social media not widely used for business by industry
Remodelers not buying in to trend as quickly as others, study says
Exterior projects still popular in downturn
Homeowners are continuing to invest in the exteriors of their homes and many remodelers are doing pricier exterior projects than they were a year ago, according to the latest Professional Remodeler research.