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Economic Outlook 2021

Pro Builder

Economic Outlook 2021. Fri, 06/18/2021 - 07:00. Strong buyer demand despite higher home prices, shrinking inventory, a spike in lumber prices, and continuing supply chain issues are just some of the factors in play for the home building industry in 2021. National Association of Home Builders.

NAHB 98
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Construction Industry Reports Strong Year-Over-Year Gains for Job Openings

Pro Builder

in December and trended lower in 2021 due to a national skilled labor shortage. . The highest measure in the history of the data series (going back to late 2000) was 445,000 in October 2021. The housing market remains underbuilt and requires additional labor, lots and lumber and building materials to add inventory. growth rate.

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Why Builders Wait to See Lower Lumber Prices

Pro Builder

Wed, 08/04/2021 - 06:00. 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. Why Builders Wait to See Lower Lumber Prices. National Association of Home Builders. The disconnect is inherent to the lumber supply chain.

NAHB 98
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Leading the Home Building Industry: Pro Builder's 2021 Forty Under 40

Pro Builder

Leading the Home Building Industry: Pro Builder's 2021 Forty Under 40. Wed, 04/07/2021 - 15:02. Meet our class of 2021—the rising stars in home building. Pro Builder is proud to present the Forty Under 40 Class of 2021. Pro Builder is proud to present the Forty Under 40 class of 2021.

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A Look at Lumber Prices From the Supply Side

Pro Builder

Wed, 03/31/2021 - 12:00. I can say with confidence that the market conditions of 2020 and early 2021 are examples of a supply chain and pricing environment most of us have truly never encountered. . A Look at Lumber Prices From the Supply Side. By now, the story is cemented of how we arrived in the situation we face today.

Inventory 124
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Along With an Affordability Crisis, Buyers Face an Aging Housing Stock

Pro Builder

Along With an Affordability Crisis, Buyers Face an Aging Housing Stock ldeakins Mon, 02/06/2023 - 10:35 Prospective buyers searching for new homes are instead finding a growing inventory of for-sale properties that are 40 years or older The U.S. was 40 years in 2021, the oldest supply on record. New construction added nearly 8.3

Housing 52
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October Reports Surge in Construction Job Openings

Pro Builder

Thu, 12/09/2021 - 10:29. More job gains have been reported in the second half of 2021, but many more are needed to contend with an industry-wide labor shortage. The housing market remains underbuilt and requires additional labor, lots and lumber and building materials to add inventory. rate in October. Labor + Trade Relations.