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. High mortgage rates and home prices quelled the surge in buyer demand, and time seems to have moderated the supply chain shocks.
Housing Wire
FEBRUARY 28, 2024
Like many localities across the country, Marin County leaders describe a housing crisis in their area that they hope to alleviate through the construction of more ADUs. But they have declined from a peak of 154 in 2021, prompting a discussion of more incentives.
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Housing Wire
DECEMBER 3, 2021
The construction sector added a total of 31,000 jobs in November, on par with the two prior months. Specialty contractors showed the largest gains with an increase of 13,000 jobs, while persons employed in construction of buildings, and civil and heavy engineering rose by 10,000 and 8,000 jobs, respectively. While this is a 0.4%
Housing Wire
MARCH 8, 2023
As the housing market cooled further during the fourth quarter of 2022, homebuilders also continued to pull back on single-family construction. It uses county-level data for single and multi-family permits to gauge housing construction growth in both urban and rural metros. in Q4 2021 to -12.1% in Q4 2021 to 6.8%
Housing Wire
JUNE 3, 2022
After a month of very little change in April , the construction sector had a solid month of job growth in May, according to the U.S. Construction gained 36,000 jobs in May, with residential building adding 5,000 jobs and residential specialty trade contractors gain 11,700 jobs. The post Residential construction jobs now 7.6%
Housing Wire
JULY 8, 2022
The construction sector, meanwhile, had only a slight gain, according to the U.S. But employment showed little change over the month in other major industries, including construction, retail trade, financial activities, government and other services. in June 2021. Job growth in the U.S. jobs report , released Friday.
Housing Wire
AUGUST 17, 2021
For better or worse, trends in the mortgage industry tend to mirror corresponding trends in the overall real estate market. Emerging out of the pandemic, the first half of 2021 showed that there is a historically low housing inventory across multiple markets in the U.S. Inventory issues. Push for tech.
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