This week, Denny Conner of CRD Design Build gives us a preview of the October 21–22 Remodeled Homes Tour. Watch to learn why you should participate, whether you're a remodeler or a homeowner.

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Contact: data@mbaks.com

The latest end-of-year numbers reveal a downturn in both single-family and multifamily homebuilding from 2022 to 2023. As of December 31, 2023, the number of single-family permits stands at 6,053, reflecting a year-on-year decline of 16% compared to 2022 figures. Similarly, multifamily permits have seen a substantial decrease, with 11,201 permits issued as of the same date, indicating a sharp year-on-year decline of 43%.

Read the full February Builders Bulletin:

Contact: data@mbaks.com

Builder Confidence Remains Low in August

Builder confidence in the housing market slipped to 32 nationally in August, an 18% decline from last year, according to the NAHB/Wells Fargo Housing Market Index. In the West, sentiment was even weaker, with an HMI reading of 26, underscoring the region’s ongoing affordability and housing challenges. 

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