Industry News

SBCA sends out weekly Industry News updates to provide insight into general industry news and trends to provide our readership a greater depth of industry knowledge on best practices and business management. If you would like to submit an item to Industry News, please email the submission to staff. Thank you!

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An increased number of vacant lots are sitting unused as builders cautiously consider their building plans for the year ahead, a trend that could...

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Median square foot prices (excluding record-high improved lot values) for new for-sale single-family detached (SFD) homes started in 2022 increased...

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Rising mortgage rates, elevated construction costs and limited existing inventory helped push housing affordability in the third quarter of 2023 to...

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Home prices increased in 80% of the 221 metro markets analyzed by the National Association of Realtors (NAR) in the third quarter.

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Todd Tomalak and Matt Samson share what lies ahead in 2024, along with other developments that may surprise you.

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In a congressional hearing examining the effects of DOE regulations on America’s job creators, the NAHB told lawmakers how burdensome DOE...

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Lohse talks about SBCA education, committees and member engagement.

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In a pre-emptive move, NAHB has joined a group of 11 other leading organizations in the construction industry to send a letter to Senate and House...

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US LBM, a leading distributor of building materials in the United States, was recently included on the annual Inc. 5000 list, the most prestigious...

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In the third quarter, 30.6% of U.S. single-family homes for sale were new construction, according to a recent report from Redfin.

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The Federal Reserve’s monetary policy committee held the federal funds rate at a top target rate of 5.5% at the conclusion of its November meeting.

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Edwin Dean Heil was hands-on, job-done.  And his life’s work spanned the breadth of the building business. 

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