Sales of newly built, single-family homes rose 7.9 percent to a seasonally adjusted annual rate of 421,000 units in August, according to figures from HUD and U.S. Census Bureau.
Local HBAs tackle labor shortage; Architects see more amenities and size; CPWR snapshot of construction industry profiles an older workforce; Detroit joins the company of Turnaround Towns
Builders polled say integrating software into a single database can be a daunting prospect, a frustrating project, or an initiative that is producing rewards.
Following four consecutive months of improvement, builder confidence in the market for newly built, single-family homes held unchanged in September with a reading of 58 on the Housing Market Index.
A shortage of buildable lots, especially in the most desirable locations, has emerged as one of the key factors holding back a more robust housing recovery, according to a recent survey by the National Association of Home Builders.