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Report: Housing Supply Gap Grew to 4.03 Million Homes in 2025

Report: Housing Supply Gap Grew to 4.03 Million Homes in 2025

The housing supply gap reached an estimated 4.03 million homes in 2025, increasing from 3.8 million in 2024, according to a new data report from Realtor.com. Last year saw the formation of approximately 1.41 million households, compared with 1.36 million housing...

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Forecast: Construction Industry Needs 439,000 Workers in 2025

Forecast: Construction Industry Needs 439,000 Workers in 2025

A new forecast by the Associated Builders and Contractors (ABC) is estimating that an estimated 439,000 net new workers are needed this year to meet anticipated demand for construction services. The forecast also predicted the construction industry will need to bring...