Highest Paid Occupations in Construction in 2024
Half of payroll workers in construction earn more than $60,320 and the top 25% make at least $81,510, according to the latest May 2024 Bureau of Labor Statistics Occupational Employment…
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Immigrant Share in Construction Sets New Record
Reflecting the sharp increase in net immigration of recent years, the number of new immigrants joining the construction industry rose substantially in 2022. According to the latest American Community Survey…
Home Price Growth Slowing
Home prices remain elevated but price growth continues to decelerate, according to the S&P CoreLogic Case-Shiller Home Price Index (HPI) recent release. The S&P CoreLogic Case-Shiller HPI (seasonally adjusted) reached…
Top 10 Builder Market Shares for 2023
NAHB analyzed the national market share data released by BUILDER Magazine in a previous blog post. Last month, BUILDER Magazine released new data on the top 10 home builders within…
Which Local Markets Track National Trends the Most: Multifamily Focus
After examining trends in single-family permits, we now turn our attention to multifamily permits to continue our exploration of correlations in housing permit data. Using multifamily permits from 2012-2022, five-year…
San Diego Has Largest Top 10 Builder Market Share in 2022
In a previous blog post, NAHB analyzed the national data released by BUILDER Magazine. Earlier this month, BUILDER Magazine also released Local Leaders data on the top 10 builders in…
Top 10 Builder Share Jumps in 2022
The Top 10 builders captured 43.2% of new single-family home closings (i.e., sales) in 2022, the highest percentage on record based on data released by BUILDER Magazine; this is a…