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YBA Announcements

PBA Announcements

  • Construction Company Marketing Ideas

    Owning and operating a residential construction/remodeling company requires a lot of time and energy. Between managing your employees, getting projects set up, keeping the books up-to-date takes a herculean effort all by themselves. Even though marketing may be far down on your list of priorities, […]

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  • Fastest Growing Careers in Pennsylvania’s Construction Industry

    2018 bodes well for the residential construction industry in Pennsylvania. The cities of Pittsburgh and Philadelphia continue to thrive as high-tech millennials flood the real estate market. York and Lancaster County markets are projected to remain strong for the foreseeable future and the Lehigh […]

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  • Pennsylvania Colleges Shine at the NAHB Student Competition

    Pennsylvania student chapters of the National Association of Home Builders (NAHB) including Penn State University and Penn College of Technology were award-winners at the 2018 NAHB International Builders’ Show Student Competition on January 10, 2018, at the International Builders Show (IBS) […]

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  • Pennsylvania Home Buyers Shift Younger

    The Pennsylvania real estate market saw a significant increase in younger buyers in 2017, coupled with reports of first-time home buyer demand surging nationally overall means strong building growth in the Commonwealth for the first part of 2018. Causes of this upswing include supply shortages, […]

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  • Residential Home Construction Trends For 2018

    The biggest trend that nearly all home builders are catering to is the demand for energy efficiency. Today’s home buyers are in tune with the need for a greener and more efficient home that helps them save money on their utility bills each month. Home designers and architects are working […]

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NAHB Announcements

  • Permits Grow Across Most States Over 2017

    Over the twelve months ending in December 2017, the total number of single-family permits issued nationwide reached 817,319. This is 9.6% ahead of its level over the first twelve months of 2016, 745,525. The results from the SOC are similar, single-family permits over the first twelve months of […]

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  • Multifamily Built-for-Rent Share Remains Elevated

    The market share of rental multifamily construction starts ticked back up to an elevated level of 95% in the fourth quarter of 2017, according to NAHB analysis of Census data. In contrast, the historical low share of 47% was set during the third quarter of 2005, during the condo building […]

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  • Existing Sales Fall 3.2 Percent in January

    Existing-home sales decreased 3.2% in January, and the first-time buyer share slipped to 29% from 32% last month. The National Association of Realtors reported that 43% of homes sold last month were on the market less than a month. The January inventory actually increased 4.1%, but is 9.5% below […]

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  • Apartment and Condominium Market Ends Fourth Quarter on a Positive Note

    The Multifamily Production Index (MPI) gained seven points to 53 in the fourth quarter of 2017, according to the National Association of Home Builders (NAHB) (Figure 1). The MPI measures builder and developer sentiment about current conditions in the apartment and condominium market on a scale of 0 […]

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  • Small Gains for Single-Family Built-for-Rent Construction

    The number of single-family homes built-for-rent increased during 2017. Over the year, construction starts of this type of housing totalled 36,000 homes, compared to 34,000 for 2016. There were 11,000 starts during the final quarter of 2017. According to data from the Census […]

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