Home Builders

Existing-home sales slide as prices rise

The median existing-home price for all housing types in May was $350,300, up 23.6% from May 2020.
Housing starts move ahead in May

Residential construction starts are 50.3% above the May 2020 rate.

JCHS gives its take on soaring home prices and tight supply

The combination of robust demand and limited supply lifted home prices to their fastest pace in over a decade.
Builder confidence sags in June

High material prices, supply shortages, and rising new home costs are preventing home builders from moving forward.
NAR says vacation home sales are hot

The National Association of Realtors reports vacation home sales jumped 57.2% year-over-year.
NAHB says material shortages are widespread

More than 90% of builders report a shortage of lumber, OSB, and appliances.
Commerce Secretary taking lumber pricing crisis “seriously”

The NAHB says there is a disconnect between lumber supply and housing demand.
EPA looks to revise WOTUS regulations

NAHB says it supports the current Navigable Waters Protection Rule becauses it corrects government overreach.
Podcast details lumber meeting with Commerce Secretary

"Housing Developments" Podcast discusses recent talks in Washington regarding high lumber prices.
NAHB says material costs spiked in the past year

On average, the 12-month increase in material costs for a new home was 26.1%.
NAHB says White House doesn’t care about housing affordability

Commerce Department doubling lumber tariffs on Canadian lumber to 18.32%.
Timberlab mass timber construction company is launched

Timberlab promises to deliver the full lifecycle of a mass timber project from inception to installation.
At PDIS: A residential construction slowdown could be approaching

Industry analyst Ivy Zelman delivers a forecast for housing and home improvement spending at the ProDealer Industry Summit.
Commerce Secretary says she will address lumber prices

The topic of high lumber prices is addressed during House Appropriations subcommittee hearing.