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Construction Job Openings Fell in February

Pro Builder

Despite the weakening that will occur in 2023, the housing market remains underbuilt and requires additional labor, lots and lumber and building materials to add inventory. The post-virus peak rate of hiring occurred in May 2020 (10.4%) as a post-covid rebound took hold in home building and remodeling. rate in February.

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

Pro Builder

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. The post-virus peak rate of hiring occurred in May 2020 (10.3%) as a rebound took hold in home building and remodeling. growth rate.

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Construction Job Openings Dropped From Peak Highs in May

Pro Builder

Still, the construction industry is actively recruiting skilled laborers to add inventory to a largely undersupplied market. The housing market remains underbuilt and requires additional labor, lots and lumber and building materials to add inventory. Hiring in the construction sector was little changed at a 4.7% rate in May.

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Why Builders Wait to See Lower Lumber Prices

Pro Builder

The problem for home builders and remodelers is that although lumber futures have begun to moderate, lumber packages quoted to builders have held at or near record highs. This phenomenon is largely a result of dealers’ inventory carrying costs and potentially significant differences between the price at which inventory is bought and sold.

NAHB 98
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October Reports Surge in Construction Job Openings

Pro Builder

The number of open construction jobs reached a record of 410,000 unfilled positions in October in the midst of an underbuilt housing market dependent on trade labor for additional inventory. The housing market remains underbuilt and requires additional labor, lots and lumber and building materials to add inventory. rate in October.

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2020 Pro Builder Top 100 Products

Pro Builder

2020 Pro Builder Top 100 Products. Fri, 07/31/2020 - 06:00. Available in an array of colors and styles, with new colors added in 2020 as well as a new, matte Brushed Finish, the nonporous surface resists stains, chemicals, and heat, and doesn’t require sealants, the company says. . . Pro Builder Staff. . Kitchen + Bath.

Products 116
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Construction Job Openings Are Rising, but for How Much Longer?

Pro Builder

Despite the weakening that will occur in later in 2023, the housing market remains underbuilt and requires additional labor, lots and lumber and building materials to add inventory. The post-virus peak rate of hiring occurred in May 2020 (10.4%) as a post-covid rebound took hold in home building and remodeling. reading in March.