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Workforce Development

May 15, 2025

HBA Celebrates Largest Graduating Class in Apprenticeship Program History

The Builders Association of North Central Florida recently celebrated the graduation of more than 50 apprentices across five skilled trades.

Economics

May 15, 2025

Soft Spring Selling Season Takes a Toll on Builder Confidence

Builder confidence in the market for newly built single-family homes was 34 in May, down six points from April, according to the NAHB)/Wells Fargo Housing Market Index (HMI) released today. This ties the November 2023 reading, and is the lowest since the index hit 31 in December 2022.

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Latest Economic News

Economics

May 15, 2025

Cost of Credit Eases for Builders and Developers

The cost of credit for residential Land Acquisition, Development & Construction (AD&C) eased in the first quarter of 2025, according to NAHB’s survey on AD&C Financing.

Economics

May 15, 2025

Soft Spring Selling Season Takes a Toll on Builder Confidence

Builder confidence fell sharply in May on growing uncertainties stemming from elevated interest rates, tariff concerns, building material cost uncertainty and the cloudy economic outlook. However, 90% of the responses received in May were tabulated prior to the May 12 announcement that the United States and China agreed to slash tariffs for 90 days to allow trade talks to continue.

Economics

May 14, 2025

Permit Activity Declines in March 2025

Permits continue a downhill trend for the third month in a row. Over the first three months of 2025, the total number of single-family permits issued year-to-date (YTD) nationwide reached 232,221. On a year-over-year (YoY) basis, this is a decline of 3.8% over the March 2024 level of 241311. For multifamily, the total number of permits issued nationwide reached 113,344. This is 3.7% below the March 2024 level of 117,695.