Items Tagged with 'construction costs'

ARTICLES

  • Homebuilders see boost in confidence in May

    Builder confidence increases two points
    Homebuilder confidence rose two points to 70 in May after a downwardly revised April, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index. The tough break is what everyone has been talking about lately: rising building costs are making it nearly impossible to meet the demand for reasonably priced starter homes.
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  • Construction startup Buildup raises $7 million

    Service digitizes jobsite management
    Buildup, a California-based startup that offers a mobile collaboration and task management platform for construction jobsites, announced recently that it raised $7 million in a Series A funding round. The company said that it plans to use the funding to expand the company's engineering, sales, and marketing teams.
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  • Built raises $21 million, aims to revolutionize construction lending

    Plans to use money to expand in residential and commercial construction
    Built, a provider of construction lending automation software and a 2017 HW Tech100 honoree as one of the top technology companies in the housing industry, announced this week that it raised $21 million that it plans to use to “transform” the construction lending industry.
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  • Moody's: Canadian lumber tariff may take up to 6 months to impact U.S. homebuilders

    Chart breaks down where the impact hits home prices
    The Trump administration recently announced a tariff on Canadian softwood lumber imported into the U.S. to address a long-standing issue between the two countries. And while Canadian lumber producers, as intended, will feel the impact immediately, so will U.S. homebuilders. The main difference is that it could take U.S. homebuilders up to six months to feel the financial blow.
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