Building Materials What Saw Mills Experienced During Lumber Price Spikes and Why Remodeling, DIY, and home building demand pushed lumber prices to new heights this past year, and it might make sense to believe lumber...
Economics Federal Reserve Bank Leaders Express Worries About Housing Market The Federal Reserve has been closely watching the housing market and some are more nervous than others about the bank’s role in bond...
Economics Housing Accounts for Nearly 17% of Country's GDP Housing made up 16.9% of the country’s GDP during the second quarter of 2021, only slightly off a 14-year high. As the economy continues to...
Economics Fed Says Economy's Recovery Continues, Not Strong Enough for Rate Talk The Federal Reserve said it is nowhere near considering a rate hike as the economy continues its strong recovery despite growing concerns...
Economics Federal Reserve Will Not Taper Monthly Bond Purchases Just Yet The National Association of Home Builders expects the Federal Reserve to announce a tapering of bond purchases before the end of 2021, but...
Economics When Will the Housing Boom End? The housing boom will end in 2022, at least that’s what economist Bill Conerly says. What will put an end to the frenzy will be an increase...
New-Home Sales Interest in New Homes Falls, High Prices Likely to Blame Fewer prospective buyers are looking to purchase a newly constructed home, likely a result from ongoing price increases, says the National...
Market Data + Trends May Home Price Increase Breaks S&P Case-Shiller Record The S&P CoreLogic Case-Shiller report marked its highest annual home price reading in more than 30 years in May. Home prices were 16.6%...
Coronavirus Resources and Information Fewer Foreign Buyers Meant $20 Billion Less for U.S. Housing Market COVID-19 restrictions kept foreign buyers from spending billions of dollars on the U.S. housing market last year, reports Realtor.com....
Construction Home Builder Profitability Reached Highest Level on Record Last year’s net profit average for builders reached the highest level since management consulting firm The Shinn Group began tracking net...