Municipal fees are driving up the costs of new home construction in Canada, according to the 2024 Municipal Benchmarking Study from the Canadian Homebuilders Association (CHBA). The study determined that municipal fees charged on new residential developments increased...
Today’s guest column is by Emily Hamilton, a senior research fellow at the Mercatus Center at George Mason University. This article is adapted and edited from testimony delivered this week before the Subcommittee on Housing and Insurance of the US House...
Builders had mixed feelings about the multifamily housing sector during the fourth quarter of 2024, according to the newly released Multifamily Market Survey (MMS) published by the National Association of Home Builders (NAHB). The MMS produces two separate indices....
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...
Single-family housing starts were at a rate of 1.05 million in December, according to data from the US Census Bureau and Department of Housing and Urban Development. This is 3.3% above the revised November figure of 1.01 million. Privately-owned housing starts in...