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Looking Ahead to Post-Pandemic Housing Inventory in 2022

Pro Builder

Looking Ahead to Post-Pandemic Housing Inventory in 2022. During the pandemic, housing inventory decreased sharply as potential sellers opted to keep their properties off the market and buyers were motivated by low mortgage rates. Inventory in November was down 13.3% Tue, 12/28/2021 - 10:14.

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Homebuyers in Search of Space Will Face Historically Low Inventory 

Pro Builder

Homebuyers in Search of Space Will Face Historically Low Inventory . Thu, 06/11/2020 - 10:17. Even before the pandemic, the housing industry struggled with the lack of housing inventory, especially at the affordable end. But when they start shopping around, finding the right home may not be easy, according to HousingWire.

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Construction Industry Reports Strong Year-Over-Year Gains for Job Openings

Pro Builder

Construction Industry Reports Strong Year-Over-Year Gains for Job Openings. in May 2020, NAHB’s Eye on Housing reports. in May 2020, NAHB’s Eye on Housing reports. The housing market remains underbuilt and requires additional labor, lots and lumber and building materials to add inventory. Wed, 02/02/2022 - 10:32.

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Supply Chain Challenges in 2023 & How to Overcome Them

Construction Marketing

The supply chain is prone to updates due to the new circumstances in the industry. We saw how the pandemic impacted the goods distribution, which caused a series of changes in the shipping industry. 2020 was a turbulent year, but the supply chain was able to go back on track in 2021.

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How Covid-19 Will Impact the Global Construction Industry?

Constructonomics

There is hardly any industry around the globe that is not affected by the Coronavirus. In 2020, almost all commercial activities came to a halt for a while and badly affected the economy. The construction industry is no exception. Let’s find out how and what changes should we expect for 2021: Safer Construction Sites.

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What Comes After Real Estate’s Surprise 2020 Boom?

Pro Builder

What Comes After Real Estate’s Surprise 2020 Boom? Wed, 10/21/2020 - 12:11. But can this seemingly insatiable demand be hamstrung by supply constraints as inventory is at an all-time low? But market analysts and industry players say current sales cannot be sustained indefinitely. . “We

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How the Skilled Labor Shortage Is Slowing New Home Development

Pro Builder

A national shortage of skilled construction labor is prolonging a housing crisis defined by low inventory and affordability. Labor shortages are a key restraint in today’s market, but a scarcity of construction workers can be traced back to the Great Recession, when the industry lost over a million employees, Multi-Housing News reports.