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Labor shortage and building material costs still hammering the new home market

Jul 20, 2021
A look at the factors influencing home construction.
A worker carries lumber as he builds a new home in Petaluma, California. 
Justin Sullivan/Getty Images

Homebuilding slows in April with both labor and lumber in short supply

May 18, 2021
"All of a sudden, these guys don’t have the wood to start supplying some of these jobs,” one analyst said.
Both labor and lumber are in short supply when it comes to building new homes.
Tim Boyle/Getty Images

Housing starts dip for the third straight month

Aug 16, 2019
But they're up compared to a year ago.
A construction worker builds the frame for a new home in Rodeo, California.
Justin Sullivan/Getty Images

Home building remains stuck in the mud

Apr 19, 2019
Last month's flooding did not help matters.
Construction workers are seen outside a new house being built in Monterey Park, California on March 19, 2019. - The Los Angeles metro area is one of the worst areas in the country for first-time home buyers, according to a study released by Bankrate.com, which analyzed the 50 largest metropolitan areas in the country with Los Angeles finishing behind San Francisco as the worst for first-time home buyers. 
FREDERIC J. BROWN/AFP/Getty Images

More housing starts don't mean more first-time buyers

Aug 20, 2014
What’s driving the increase in housing start? Not first-time home buyers.

'Bad' housing numbers might reflect good news

Jul 17, 2014
Or maybe a chilly spring in North Carolina. Experts are still puzzling it out.

Blame the weather on lower sales and housing starts?

May 16, 2013
Temperatures were down across much of the United States, causing consumers to huddle at home instead of going out.

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