New-home sales improved at the end of the year as existing-home inventory declined. Sales of new single-family homes picked ...
Data show the typical median-priced home sale still earned sellers $122,500 in profit, but that ROI is less than it was in ...
President Trump’s tariffs, among other policies, should spur construction businesses to rethink their production plans ...
One key reason for staying put is worsening affordability, with most fearing they will incur unwanted costs if they move ...
Sales incentives on unsold inventory have become increasingly common, making up an average of 10% of a new home's cost in ...
In some affordable, high-demand areas, single-family rental rates grew despite the national average slowing to just 1.5% ...
Alaska and Hawaii lead the nation in female construction employment, with women making up 13.8% and 13.4% of the industry’s workforce, respectively. These states likely benefit from the relatively ...
First-time homebuyers accounted for the most home sales in December 2024. Existing-home sales grew slightly at the end of 2024 but remained at lows not seen since 1995. According to the National ...
The remainder of the average home sale price consisted of sales commission (2.8%), financing costs (1.5%), and marketing costs (0.8%). Marketing costs were essentially unchanged while sales commission ...
There a number of strategies project managers can implement to mitigate risks and ensure teams work successfully together. When it comes to managing a construction business, subcontractors can make a ...
Homebuying could become easier as inventory improves. Homebuyers can expect less competition this year as housing inventory gradually returns to pre-pandemic levels. In December, nearly 1 million ...