Strong start to 2024 continues through April for new-home market

Zonda’s count of new-home sales increased 4.8% on a year-over-year basis as more than 60% of builders report demand is on track or stronger than expected. The pace of new-home sales accelerated in April on a month-over-month and year-over-year basis as three in five builders reported demand is either on track or stronger than they expected, according to the latest [&hellip

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Construction materials have increased 0.4% in March, advocacy group highlights

WASHINGTON — Construction input prices increased 0.4% in March compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices also increased 0.4% for the month. Both overall and nonresidential construction input prices are 1.7% higher than a year ago. Prices fell [&hellip

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