2021 Construction Housing Market Transportation 
Housing Wire
JANUARY 17, 2024
New home construction exploded early in the pandemic as soaring home demand squeezed existing inventory nationwide, giving homebuilders a much bigger share of a shrinking pie. Index values for most construction inputs are down from 2022 but remain above pre-pandemic levels. That could set the backdrop for a slower pace of construction.
Housing Wire
JANUARY 5, 2024
While this is below the job growth in 2021 and 2022, when the economy was rebounding from the sharp job losses in 2020, it is still a much higher pace of job growth than we had before the pandemic,” Bright MLS Chief Economist Lisa Sturtevant said in a statement. With December’s numbers in, a total of 2.7 million jobs were added to the U.S.
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Housing Wire
DECEMBER 2, 2022
So far this year, monthly job growth has averaged 392,000, down from an average of 562,000 per month in 2021. With one month to go before the year’s end, labor markets remain in a solid position,” George Ratiu, Realtor.com’s senior economist, said in a statement. How can brokers get ahead in a tight market?
Appraisal Buzz
MAY 2, 2022
The housing market has experienced a turbulent few years, so what can industry experts expect in the future? Construction Sites Will Stay on Schedule. The Infrastructure Investment and Jobs Act — also known as the Bipartisan Infrastructure Bill — passed in November 2021 but will soon affect the country.
Housing Wire
JUNE 7, 2023
Arizona state officials announced last week that there is not enough groundwater for all of the construction that has already been approved in the Phoenix area. What’s happening around Phoenix isn’t new – a similar groundwater restriction was instituted in Pinal County in 2021. in May, the biggest drop of any housing market in America.
Housing Wire
JUNE 3, 2022
Notable job gains occurred in leisure and hospitality, in professional and business services, and in transportation and warehousing. A tighter labor market is a good thing, I always say; this means people with less educational backgrounds can get employed as we do have many jobs that don’t require a college education. percent, the U.S.
Housing Wire
DECEMBER 4, 2020
Private employment gains were largely driven by some of the industries hit hardest by the pandemic – with rises in transportation and warehousing (+145,000) and professional and business services (+60,000), as well as an increased demand for those in the health care sector (+104,000). below pre-pandemic February levels. census count. .
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