The Confidence of Multifamily Developers has Increased, Although it Remains Negative
According to the results of the Multifamily Market Survey (MMS) issued today by the National Association of Home Builders, while the two key confidence...
January 2023: Total Construction Starts Fell by 27%
According to Dodge Construction Network, total construction starts decreased 27% in January to a seasonally adjusted annual rate of $865.6 billion.
Nonresidential building starts plummeted...
Construction Material Prices Increased by 1% in January
According to the Associated Builders and Contractors, construction input prices increased 1.3% in January. Data from the Bureau of Labor Statistics' Producer Price Index....
Simpson Strong-Tie Contributes to Earthquake Relief Efforts in Turkey and Syria
Simpson Strong-Tie has donated $25,000 to the IRC to assist with rescue and relief initiatives.
A 7.8-magnitude earthquake devastated Turkey and Syria on February 6,...
According to NAHB, Home Affordability is at an All-time Low
Housing affordability posted three consecutive quarterly declines in 2022, mirroring a steep rise in mortgage rates that began in early 2022 and coupled with...
