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Industry News

First-Time Homebuyer Marketshare Declined to 24%, A Historic Low

Washington, DC, November 4, 2024-The first-time homebuyer marketshare decreased to a historic low of 24% (down from 32% last year), while home’ ages hit all-time highs of 56 years overall (49 last year), 38 years for first-time buyers (35 last year) and 61 years for repeat buyers (58 last year), according to the National Association of Realtors' 2024 Profile of Home Buyers and Sellers.

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Construction Unemployment Rate Inched Down to 3.7% in September

Washington, DC, November 4, 2024—The national September 2024 not seasonally adjusted construction unemployment rate was 3.7%, down 0.1% from the previous year, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released by Associated Builders and Contractors.

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Construction Spending Rose 0.1% in September

Washington, DC, November 1, 2024—Construction spending during September 2024 was estimated at a seasonally adjusted annual rate of $2,148.8 billion, 0.1% above the revised August estimate of $2,146.0 billion, according to the U.S. Census Bureau.

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NTCA Names 2024 Tile Setter Craftsperson of the Year Winners

Jackson, MS, October 31, 2024 - The National Tile Contractors Association (NTCA) has announced the recipients of the 2024 NTCA Tile Setter Craftsperson of the Year awards, honoring two exceptional tile professionals for their dedication, craftsmanship, and industry leadership.

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Recent Industry Events

Interviews

Dave Meberg Discusses the GNYFC Meeting in Amelia Island

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Rodney McNeil and Natalie Jones Discuss AKC Partnership with Shaw Floors

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Steve Cloud Discusses Starnet's Fall Meeting

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Ian Newton Discusses NFA Fall Meeting in Washington, D.C.

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Mark Bischoff Discusses the Highlights of Starnet's Fall Meeting in Nashville

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