Economic

Carter Lumber's sales rose 13.3% in 2015 to reach $1.11 billion, the company announced today.

NAHB chief economist David Crowe reflects on 27 years in the homebuilding industry.

The House passed three energy bills by voice vote March 14.

Every national housing economist is forecasting significant growth for 2016. In fact, Metrostudy’s Chief Economist, Brad Hunter, expects new housing starts YOY to rise 14.6%. 

 The decline in the MPI and the slight uptick in the MVI may be a reflection of the multifamily market slowly edging closer to its long-term equilibrium point post-recession.

I think more than a third of the companies in the construction industry are functionally bankrupt and looking for a way out.

 Economists say the tide might be turning away from apartments and toward single-family homes.

According to the U.S. Bureau of Labor Statistics, the median age of construction industry workers is 42.8, with young workers under 34 accounting for less than one third of the total workforce.

Metrostudy announced today the release of its fourth quarter 2015 Home Building Outlook detailing housing construction trends nationwide.

The folks at Dodge Data sorted through building data for the nation’s largest Metropolitan Statistical Areas to find the 20 places where the most money was spent on new construction in 2015.