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- Metals and Equipment Drove Material Prices Higher in JuneResidential building material prices rose in June, driven primarily by higher construction machinery and equipment part prices, based on data from the most recent Producer Price Index (PPI). Metal commodities also experienced significant increases, following recently implemented tariffs on steel and aluminum.
- Single-Family Starts Weaken in June as Affordability Challenges PersistDue to a solid increase in multifamily production, overall housing starts increased 4.6% in June to a seasonally adjusted annual rate of 1.32 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
- Stay on Top of Wood Framing Safety PoliciesWood framing is an integral part of the home building process, and one job that many general contractors take on themselves. But even with familiarity of the task, specific safety precautions should be followed during framing.
- Builder Confidence Edges Up in JulyBuilder confidence in the market for newly built single-family homes was 33 in July, up one point from June, according to the NAHB/Wells Fargo Housing Market Index (HMI) released today. Builder sentiment has now been in negative territory for 15 consecutive months.
- Inflation Picks Up as Tariffs Take HoldInflation rose to a four-month high in June as consumer prices began to reflect tariff policy.
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- State-Level Employment Situation: June 2025Nonfarm payroll employment increased in 27 states in June compared to the previous month, while employment decreased in 23 states and the District of Columbia. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 147,000 in June following a gain of 144,000 jobs in May. On a month-over-month basis, employment...
- Single-Family Starts Weaken in June as Affordability Challenges PersistSingle-family housing starts declined in June to the lowest rate since July 2024 as elevated interest rates, rising inventories and ongoing supply-side issues continue to act as headwinds for the housing sector. Due to a solid increase in multifamily production, overall housing starts increased 4.6% in June to a seasonally adjusted annual rate of 1.32...
- Builder Confidence Edges Up in JulyBuilder confidence for future sales expectations received a slight boost in July with the extension of the 2017 tax cuts, but elevated interest rates and economic and policy uncertainty continue to act as headwinds for the housing sector. Builder confidence in the market for newly built single-family homes was 33 in July, up one point...
- Producer Prices for Metals and Equipment Show Large IncreasesResidential building material prices rose in June, driven primarily by higher construction machinery and equipment part prices. Metal commodities also experienced significant increases, following recently implemented tariffs on steel and aluminum.  Meanwhile, price growth for services used in construction continues to outpace both domestic and imported goods. Prices for inputs to new residential construction—excluding capital investment, labor,...
- Permits Fall in May 2025Housing permits continued a downhill trend for the fifth month in a row, pointing to a broader residential construction slowdown for 2025. This slowdown is attributed to factors like higher mortgage rates, tariff concerns, and challenges about future housing demand due to economic uncertainty. Over the first five months of 2025, the total number of...
