Construction Equipment

OCTOBER 28, 2020

Caterpillar third-quarter 2020 sales dropped 23 percent compared to the same period in 2019, to $9.9 The company cited “lower sales volume driven by lower end-user demand” and dealers decreasing their inventories more this year than last in its Q3 2020 financial report.… billion from $12.8

Inventory 112

Inventory 112

Construction Equipment

JANUARY 29, 2021

Caterpillar 2020 sales and revenues were down 22 percent compared to 2019, to $41.7 The company cited decreased end-user demand and reductions in dealer inventories. Dealers decreased inventories more during the fourth quarter of 2020 than during the fourth quarter of… billion from $53.8

Inventory 95

Inventory 95

Green Industry Professionals

AUGUST 13, 2019

Top 30 picks for your landscaping inventory

Inventory 89

Inventory Green Industrial 89

Pro Builder

JUNE 28, 2022

When Predicting a Housing Slowdown, Inventory Is Key. The housing market is cooling after two years of frenzied buyer activity, but a slowdown in home price growth hinges on existing and new home inventory. And the sharp decline in inventory during the pandemic (green arrow) was an indicator that price appreciation would increase.

Inventory 52

Inventory Housing Green 52

Pro Builder

JUNE 2, 2022

Home sales are slowing, asking prices are dropping, and—believe it or not—inventory is rising. The number of new listings rose 8% in May, the first gain since June 2019, though inventory remains at a historic low nationwide, Realtor.com reports. The Housing Market Is Hitting a Turning Point, but Where Will It Go From Here?

Housing 98

Housing Inventory Finance 98

Pro Builder

APRIL 25, 2022

Rising mortgage rates and waning inventory are creating a financial incentive for current homeowners to stay in place and remodel . . Home equity per owner reached a record high of $315K after an inflation-adjusted gain of $95,000 in 2019, incentivizing homeowners to build personal wealth in a high-cost market. .

Remodeling 98

Remodeling Inventory Equity Consulting 98

Pro Builder

JUNE 22, 2023

Newly constructed homes are selling at a pace reminiscent of pre-pandemic times because of abundant inventory in that sector,” Lawrence Yun, chief economist for the NAR, said in a release. However, existing-home sales activity is down sizably due to the current supply being roughly half the level of 2019.”

Inventory 98

Inventory Construction Sustainability 98

Pro Builder

SEPTEMBER 2, 2020

Home prices are picking up speed as inventory continues to dwindle and mortgage rates remain low. home price increase compared to 2019 numbers and June home prices grew by 4.3% The inventory of homes priced under $100,000 was down 32% annually in July, according to the National Association of Realtors. cbroderick.

New York 105

New York New York City Inventory 105

Pro Builder

FEBRUARY 2, 2021

Despite Low Inventory, Buyers are Positive About Housing Availability. Prospective homebuyers were more negative about the housing market conditions, specifically housing availability, in 2019 compared to 2020, according to the National Association of Home Builders’ Housing Trends Report. cbroderick. Tue, 02/02/2021 - 09:12.

Inventory 51

Inventory Housing NAHB 51

Green Building Law Update

SEPTEMBER 27, 2020

During the 2019 legislative session, the Maryland General Assembly enacted what will be the first statewide ban of expanded polystyrene foam. In 2019 scientists from Woods Hole Oceanographic Institute reported that sunlight breaks down polystyrene in ocean water over a period as short as decades. But maybe not in Maryland?

Maryland 156

Maryland Products New York Regulation 156

Pro Builder

FEBRUARY 9, 2022

With Limited Inventory, Buyers Are Competing for an Aging Housing Stock. As a result, inventory is disappearing, and buyers are facing record high prices and a tight competition for a limited supply of existing homes rather than new construction. Wed, 02/09/2022 - 10:21.

Inventory 52

Inventory Housing Equity Regulation 52

Pro Builder

NOVEMBER 9, 2021

A national shortage of skilled construction labor is prolonging a housing crisis defined by low inventory and affordability. As the construction industry struggles to recruit, train, and retain workers, delayed projects and lingering inventory shortages will continue to limit affordability for homebuyers. . percent in 2019 to 10.9

Inventory 98

Inventory NAHB Employment Estimating 98

Pro Builder

JANUARY 3, 2023

As mortgage rates rose alongside inflation, more buyers decided to stay put, allowing inventory to increase. Since December 2019, inventory has declined year over year until it finally rose in June 2022. In fact, from October 2021 to October 2022, mortgage rates doubled in one year for the first time in history.

Housing 98

Housing Inventory 98

Construction Equipment

AUGUST 3, 2020

billion in the second quarter of 2019. Lower demand, inventories The second-quarter decline was due to lower sales… Caterpillar has announced second-quarter 2020 sales and revenues of $10.0 billion, a 31-percent decrease compared with $14.4 Sales had dropped 21 percent during the first quarter.

Inventory 73

Inventory 73

Pro Builder

MAY 8, 2023

Last year's mortgage rate spike saw homes sit on the market longer as days on market increased, which allowed inventory to pile up even as fewer homes came up for sale. inventory) in April 2023 was 50.3% below levels seen in April 2019. However, we're still very far from a national buyers' market. In fact, active listings (i.e.

Inventory 98

Inventory Housing Plans 98

Pro Builder

JUNE 20, 2023

from this time last year, and cities such as Austin, Texas, and Phoenix are seeing double-digit declines, but without an increase in housing inventory, experts say home prices will remain elevated throughout the remainder of 2023. Buoyancy in the national average home prices is largely due to record-low inventory levels.

Inventory 98

Inventory Phoenix Austin Housing 98

Pro Builder

OCTOBER 6, 2022

Rebounding construction could lead to supply constraints as well as exacerbate an existing shortage of skilled labor, construction materials, and ready-to-build lots, though long-term inventory growth is necessary to resolve an ever-widening housing affordability crisis. . New-Construction Projects. Single-Family Homes.

Forecasting 98

Forecasting Kansas City NAHB Permits 98

Pro Builder

AUGUST 3, 2020

Chuck Fowke named NAHB's new chair; a look at new single-family home inventory. The TBBA has twice named him Builder of the Year, and in 2019 the FHBA inducted him into the Florida Housing Hall of Fame. New Single-Family Home Inventory. NAHB New Chair to Tackle Regulation and Promote Trades. Mon, 08/03/2020 - 13:00.

NAHB 98

NAHB Regulation Florida Inventory 98

Pro Builder

OCTOBER 8, 2021

Realtor.com breaks down last month’s performance of residential real estate by analyzing inventory, active listings, new listings, days on the market, median listing price, and the share of homes that had their prices reduced. Active listing inventory is historically low but the gap compared to last year continues to shrink.

Housing 59

Housing Inventory Metro Statistics 59

Pro Builder

FEBRUARY 8, 2022

Remote workers and movers motivated by the pandemic are flocking to Sun Belt cities like Phoenix, where prices are peaking and inventory is declining. in 2019, before the start of the pandemic. Migrating Americans Are Driving Up Home Prices in Popular Metros. Tue, 02/08/2022 - 12:10.

Metro 105

Metro Phoenix Los Angeles Dallas 105

Pro Builder

JANUARY 10, 2022

but low inventory and rising prices could pose a challenge for apartment hunters. . percent in the pre-pandemic years from 2017-2019. Rents Are Slowing Seasonally But Rising Sharply Year-Over-Year. Mon, 01/10/2022 - 09:49. Rental demand is soaring across the U.S., To put that in context, annual rent growth averaged just 2.3

Inventory 98

Inventory 98

Pro Builder

JUNE 3, 2020

of all home closings in 2019, while the market share among the top 20 continued to grow … often by gobbling up well-run and profitable builders occupying the ranks below them. . Previous: 2019 Housing Giants Report. . winner of an NHQ Gold Award in 2019 , which rose four places to No. And why should they? Then there’s No.

Housing 86

Housing Inventory Houston Modeling 86

Pro Builder

JULY 8, 2020

While new listings are coming on the market, the total inventory of homes for sale at the end of May was 19% lower than May 2019, according to the National Association of Realtors. Home sales jumped dramatically in May, after grinding to a halt in March and April.

Inventory 98

Inventory Housing Contract Plans 98

Pro Builder

AUGUST 18, 2022

List prices are beginning to fall as active inventory spends more time on the market, meaning that those still searching for homes are finding more options and less competition. since July 2019, despite softer pricing in more recent months. The Housing Market Is Rebalancing, and Those Who Can Still Afford Homes Are Poised to Benefit.

San Jose 98

San Jose San Francisco Housing Metro 98

Pro Builder

NOVEMBER 1, 2021

The decisive force in the 2022 housing market will likely be inventory after a year of high competition and low supply, according to Bill McBride’s CalculatedRisk Newsletter. The key in 2022 will be inventory. If inventory stays extremely low, there will be more housing starts and a larger increase in prices. million in 2019.

Housing 52

Housing Inventory Comparison 52

Pro Builder

OCTOBER 26, 2020

But compared to September 2019, existing home sales have increased by 21%. million at a seasonally adjusted annual rate despite increasing prices and decreasing inventory. from September 2019. September’s inventory figures fell 1.3% September’s inventory figures fell 1.3% Mon, 10/26/2020 - 09:37. It will take 2.7

Inventory 52

Inventory Housing Resource Contract 52

Construction Equipment

NOVEMBER 14, 2019

Caterpillar announced third-quarter 2019 sales and revenues of $12.8 billion movement in dealers’ inventories. Dealers decreased their inventories about $400… billion, a 6 percent decrease compared with $13.5 billion in Q3 2018. According to the company, the decline in sales is owed to a $1.2

Inventory 48

Inventory 48

Pro Builder

JANUARY 18, 2021

Last month, the state’s single-family housing inventory dropped 60% compared to December 2019 while condominium and townhome inventory decreased by 52%. In Larimer County, including Fort Collins, the inventory of single-family homes fell from 985 to 414, a decline of 58% from December to December. to $380,000.

El Paso 52

El Paso Colorado Inventory Denver 52

Pro Builder

MAY 31, 2022

Sun Belt metros are leading a resurgence in homebuilding as prices soar and inventory declines amid elevated demand from migrating buyers. Sun Belt cities are building homes at a record pace to keep up with rising demand from migrating homebuyers. Austin, TX led the way during the first quarter of 2022 with 31.1 metro, Redfin reports.

Metro 97

Metro Jacksonville Raleigh Permits 97

Pro Builder

FEBRUARY 1, 2021

During the second half of 2019, the speed of sales advanced, days spent on the market decreased, and the number of sales increased. Combined, these resulted in a skinny inventory, and the same occurred in the second half of 2020. . Like a warehouse transitioning to just-in-time inventory management, the U.S. Read More. .

Inventory 52

Inventory Housing Management 52

Pro Builder

FEBRUARY 8, 2021

Compared to single-family homes, both sales and price growth for condos were lower and inventory levels were generally higher. Condo inventory spiked starting in the summertime, possibly pointing toward condo owners trading up. Zillow does note it remains unclear whether this will be a fleeting trend or a more permanent one.

Inventory 52

Inventory Charlotte Metro Housing 52

Pro Builder

JANUARY 6, 2022

After the first wave of COVID-19 struck the United States in early 2020, the number of homes for sale dropped by over 57% in a two-year period, causing prices to jump 25% from December 2019 to December 2021, according to Realtor.com. Inventory was slashed in half as sellers listed 12.9% Market Data + Trends. New-Home Sales.

Housing 52

Housing Inventory United States Comparison 52

Pro Builder

JUNE 30, 2022

Local housing inventories are climbing in some of the nation's most in-demand metros and suburbs, signaling greater affordability and more opportunities for home purchases in the near future. year-over-year gain in available inventory from 163 homes for sale in May 2021 to 470 homes in May 2022, while the number of home sales has leveled off.

Housing 52

Housing Inventory Sacramento Illinois 52

Pro Builder

JUNE 7, 2022

Low inventory has been a driving factor of record-high home prices throughout the last several years, but between March 26 and May 7, nationwide inventory levels rose 10%, according to Fortune. While inventory levels are rising fast percentage wise, they're still far below pre-pandemic levels. Housing Markets. Affordability.

Housing 52

Housing Inventory Idaho Nevada 52

Pro Builder

SEPTEMBER 24, 2020

Since then, the prospect of a nationwide price dip has become far less likely as historically low inventory and heavy buyer demand have pushed up prices. increase in the Q3 2019 survey.[1]. Panelists are now more optimistic than they were even before the pandemic, forecasting a 3.7% average forecasted growth from 0.9% last quarter.

Forecasting 80

Forecasting Inventory Housing Resource 80

Pro Builder

DECEMBER 1, 2022

After speeding into home purchases from 2019 to 2021, first-time buyers were slowed down by historically high home prices and skyrocketing mortgage rates in 2022. Millennials became homeowners at the fastest pace of their lifetimes between 2019 and 2021, causing the median age of U.S. Thu, 12/01/2022 - 10:21. New-Home Sales.

Inventory 52

Inventory Washington Housing 52

Pro Builder

APRIL 16, 2021

In order to close the gap between housing demand and inventory, the market needs 4 million more homes for sale, according to a new report from Freddie Mac. The housing inventory issue has increased 52% during the past two years while the construction of entry-level homes has declined more than 84% during the past four decades.

Inventory 52

Inventory Austin Housing Texas 52