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Are construction material costs slowing building pace?

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  1. Federal Reserve Economic Data, “Total Construction Spending,” March 1, 2021 Back
  2. NAHB, Eye on Housing, “First-Time Buyers Comprise 43 Percent of New Home Market,” March 10, 2021 Back
  3. Trading Economics, “United States New Home Sales 1963-2021 Data” Back
  4. Forbes Advisor, “The U.S. Faces a Housing Shortage. Will 2021 Be a Turning Point?,” January 4, 2021 Back
  5. Redfin, “U.S. Home Prices Up a Record 15%,” October 8, 2020 Back
  6. Rebusiness, “US Commercial, Multifamily Construction Starts Down 20 Percent in 2020, Says Dodge Data,” January 26, 2021 Back
  7. Forbes Advisor, “The U.S. Faces a Housing Shortage. Will 2021 Be a Turning Point?,” January 4, 2021 Back
  8. Trading Economics, “United States New Home Sales 1963-2021 Data” Back
  9. Edzarenski.com, “Pandemic Impact on Construction,” December 15, 2020 Back
  10. Rebusiness, “US Commercial, Multifamily Construction Starts Down 20 Percent in 2020, Says Dodge Data,” January 26, 2021 Back
  11. Edzarenski.com, “Pandemic Impact on Construction,” December 15, 2020 Back
  12. Federal Reserve Economic Data, “Total Construction Spending,” March 1, 2021 Back
  13. U.S. Census Bureau, “Construction Spending,” March 1, 2021 Back
  14. Dodge Data and Analytics, “Dodge Data & Analytics Expects Construction Starts to Recover in 2021,” November 10, 2020 Back
  15. ibid Back
  16. ibid Back
  17. Bloomberg, “Biden Plans $2.25 Trillion Spending, Corporate Tax Hikes,” March 21, 2021 Back
  18. Rebusiness, “US Commercial, Multifamily Construction Starts Down 20 Percent in 2020, Says Dodge Data,” January 26, 2021 Back
  19. EyeOnHousing.org, “Top Challenges for Builders in 2020,” February 2021 Back
  20. MSN.com, “Lumber Prices Continue to Soar Due to COVID-19,” August 13, 2020 Back
  21. Construction Dive, “Skyrocketing Steel, Lumber Costs Threaten to Slow Construction Jobs,” February 17, 2021 Back
  22. ibid Back
  23. ibid Back