New findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) show that the rate of year-over-year single-family construction growth in small and large metro urban, suburban and rural regional submarkets slowed in the first quarter of 2022 compared to the same time period as last year, with notable deceleration in large suburban markets.

SAM 3 is ideal for condominiums, classrooms, multi-family housing, hotels, high-rise office buildings, media rooms and more.

Builder confidence took a steep drop in May as growing affordability challenges in the form of rapidly rising interest rates.

Total construction starts fell 12% in March to a seasonally adjusted annual rate of $903.8 billion, according to Dodge Construction Network.

Despite production bottlenecks and rising construction costs, total housing starts led by a strong multifamily reading posted a solid gain in February as demand stays strong and existing inventory remains at low levels.

NFA President Jason McSwain said that the partnership offers value particularly for those NFA members who work on large commercial applications,  large ceramic installations through builders and multifamily apartments.

New findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) show that the rate of year-over-year single-family growth in all small and large metro urban, suburban and rural regional submarkets peaked in the second quarter of 2021.

The value of commercial and multifamily construction starts in the top 20 metropolitan areas of the U.S. increased 18% from 2020 to 2021, according to Dodge Construction Network. Nationally, commercial and multifamily construction starts increased 16% in 2021.

Single-family and multifamily housing production accelerated in November, due to strong demand for new construction.

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