Builder Confidence Edges Higher in March but Future Outlook Uncertain
Builder confidence in the market for newly built single-family homes in March rose two points to 44, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released last week. This ...
Multifamily Housing Market Will Weaken in 2023 While Remodeling Market Remains Solid
Multifamily starts are predicted to fall in 2023, following an unsustainable high level of production last year, according to the National Association of Home Builders (NAHB). Meanwhile, the remodeling sector remains on solid ground and ...
Construction Industry Report Shines a Spotlight on Industry Challenges
PlanHub, the leading cloud-based software as service (SaaS) preconstruction platform, announced the release of its inaugural construction industry report. The 2022 PlanHub Construction Industry Report provides a snapshot of activity and trends based on platform usage ...
Construction Industry Remains Constrained, According to 3Q Report by Marcum
The Marcum Commercial Construction Index for the third quarter of 2022 reports that the construction industry remains constrained by labor shortages and elevated materials prices but now also faces a rapidly deteriorating economic outlook and severely ...
Weakened Economy, Higher Borrowing Costs Dog Construction Industry, Reports Marcum Survey
The Marcum Commercial Construction Index for the second quarter of 2022 reports that the construction industry continues to face rising costs and shortages of both labor and materials, but now also must contend with a weakening ...