New-home sales improved at the end of the year as existing-home inventory declined. Sales of new single-family homes picked ...

Even so, profit margins are far from small, with data showing the typical sale still earns sellers $122,500 in profit ...

In some affordable, high-demand areas, single-family rental rates grew despite the national average slowing to just 1.5% ...

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 ...

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 ...

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 ...

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 ...

Homebuyers can expect less competition this year as housing inventory gradually returns to pre-pandemic levels. In December, ...

Learning proper risk mitigation can help ensure projects are done on schedule while also protecting workers and equipment ...

The WIRC conference is the only event in the construction industry specifically curated for women in home building, remodeling, and home improvement The annual Attendee Introduction portion of the ...