Prices for inputs to new residential construction—excluding capital investment, labor, and imports—decreased 0.6% in September according to the most recent Producer Price Index (PPI)…
Residential improvement spending softened in 2023 due to elevated interest rates, high inflation, and sluggish home sales. According to the Bureau of Economic Analysis’…
Inflation continued to ease in September and remained at a 3-year low as shelter costs continued to moderate. Shelter costs, the main driver of…
The NAHB/Westlake Royal Remodeling Market Index (RMI) for the third quarter of 2024 posted a reading of 63, down two points compared to the…
Real gross domestic product (GDP) increased in 49 states and the District of Columbia in the second quarter of 2024 compared to the last…
Approximately 2.3 million tax returns filed for tax year 2023 utilized the Energy Efficient Home Improvement credit (25C tax credit), according to the latest…
Nonfarm payroll employment increased in 32 states in August compared to the previous month, while 17 states and the District of Columbia saw a…
While the share of new homes with patios continues to climb, the share with decks has hovered at a historic low of under 18%,…
New manufactured homes saw a decline in shipments in 2023 compared to the previous year. According to the Manufactured Housing Survey (MHS), 89,169 manufactured…
