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Home Building Accounts for Nearly 3% of U.S. Labor Force

Pro Builder

million of those in the residential sector, according to the National Association of Home Builders. employed civilian labor force, residential construction workers accounted for 2.8% California, the country’s most populous state, also posts the largest share of residential construction workers at 3.3% Compared to the U.S.

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Shortages and Booming Builder Activity Pushes up OSB Prices

Pro Builder

While OSB has been used more heavily than plywood in residential construction due to the price of plywood, plywood prices plunged in the last month. The engineered-wood product is at a premium to southern yellow pine plywood for the first time since 2006, according to RBC Capital Markets analyst Paul Quinn. "We

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Former Golf Courses Are Being Transformed Into Hubs for Housing Development

Pro Builder

New residential homes are taking over fairways on abandoned golf courses across the U.S., High housing demand in some regional markets is causing a flurry of new development on struggling golf courses, where builders say the opportunities for residential construction are endless. Wed, 05/25/2022 - 10:43.

Housing 52
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Lumber and Concrete Prices Fall in September

Pro Builder

September prices for residential construction goods like softwood lumber and ready-mix concrete declined for the second month since the start of the last recession, according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. YTD—the largest year-to-date increase in September since 2006.

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The HERS Rating Is Catching On

Pro Builder

HERS scores are calculated by a rater certified by the Residential Energy Services Network. The rater scores the energy efficiency of a home against a 2006 standard code-compliant house, which has a set score of 100. So if a new home is scored as 70, it is 30% more energy efficient than the reference home.

Florida 52
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Shortages, Booming Builder Activity Pushes up OSB Prices

Pro Builder

While OSB has been used more heavily than plywood in residential construction due to the price of plywood, plywood prices plunged in the last month. The engineered-wood product is at a premium to southern yellow pine plywood for the first time since 2006, according to RBC Capital Markets analyst Paul Quinn. "We

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NAHB Chairman's Letter: A Toolkit to Combat the Labor Shortage

Pro Builder

And those unfilled positions are a barrier to new residential construction and housing affordability. Our industry, which has been an economic bright spot for the broader economy during the COVID-19 pandemic, can show young people that residential construction offers well-paying jobs and satisfying careers. Chuck Fowke.

NAHB 105