Rising interest rates and ongoing building material supply chain disruptions that raise construction costs continue to act as significant headwinds on the housing market.

The number of U.S. secondary schools embracing trade skills curriculums is growing rapidly, according to the Home Builders Institute (HBI). The chief executive of the nation’s largest nonprofit organization in construction skills training says middle and high schools are reexamining the need to expose more of their students to the trades. 

New home sales posted a double-digit percentage decline in April, falling to their weakest pace in two years.

Prices of materials and services used in new nonresidential construction leaped nearly 21 percent in April from year-ago levels, according to an analysis of government data by the Associated General Contractors of America. 

Laticrete, a leading manufacturer of globally proven construction solutions for the building industry, was selected as the ‘Supplier of the Year’ by the highly-esteemed Ceramic Tile Distributor Association (CTDA), an international organization of distributors, manufacturers and allied professionals of ceramic tile and related products.

The Associated General Contractors of America and Procore Technologies, Inc., are offering a new scholarship to support minority students studying construction at the nation’s Historically Black Colleges & Universities (HBCUs).

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

Higher mortgage rates and construction costs pushed new home sales lower in February even as demand remains solid due to a lack of existing home inventory.

Total construction starts rose 9% in February to a seasonally adjusted annual rate of $1.013 trillion, according to Dodge Construction Network.

Construction employment remains below pre-pandemic levels in 21 states and D.C. while 29 states now employ more construction workers than in February 2020, according to a new analysis of federal employment data released by the Associated General Contractors of America.