Builder Confidence Edges Up in July
Builder confidence for future sales expectations received a slight boost in July with the extension of the 2017 tax cuts, but elevated interest rates and economic and policy uncertainty continue…
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Inflation Picks Up as Tariffs Take Hold
Inflation rose to a 4-month high in June as consumer prices began to reflect tariff policy. The Consumer Price Index increased from 2.4% in May to 2.7% in June year-over-year,…
Residential Remodelers Outnumber Single-family Builders in the U.S.
The number of residential remodelers in the U.S. has reached a record high of 128,187 establishments, 65% higher than the number of residential builders (single-family and multifamily), which stands at…
Who’s Still Working from Home in 2025? A Look at America’s Telework Trends
Remote work may no longer dominate the U.S. labor force as it did during the height of the pandemic in 2020, but it still represents a substantial share of employment…
Top Ten Builder Share Rises Again in 2024
The top ten builders1 captured a record 44.7% of all new U.S. single-family home closings in 2024, up 2.4 percentage points from 2023 (42.3%). This is the highest share ever…
Is U.S. Lumber Self-Reliance Possible?
Lumber cost uncertainty has risen from the start of the year, driven in part by potential higher tariffs, particularly on Canadian softwood lumber. Despite the continued use and threat of…
Sharp Drop in Multifamily Production Brings Overall Housing Starts Down
A sharp decline in multifamily production pushed overall housing starts down in May, while single-family output was essentially flat due to economic and tariff uncertainty along with elevated interest rates….