Single-family construction lending strengthened in the third quarter, even as the broader real estate lending environment continued to cool. Loans for 1–4 family construction rose to $91.2 billion, the first annual increase in more than two years, showing a small but meaningful uptick in residential building activity. Overall AD&C lending, however, continued its decline for the seventh consecutive quarter, dropping to $463 billion, driven mostly by reduced lending for other types of real estate development. Despite the modest improvement in single-family construction loans, lending levels remain far below historical highs…
Read MoreCategory: Departments
Safe and Smart Entry-Level Driver Training (ELDT) Certification Program
The National Lumber and Building Material Dealers Association (NLBMDA) is offering an exclusive discount on a special program. The Safe & Smart Entry-Level Driver Training (ELDT) Certification Program by J.J. Keller & Associates is specially available to NLBMDA members. The ELDT Certification Program allows trainers the flexibility and knowledge to optimize driver training to prevent accidents and reduce liability. The Certification Program includes preparation for online courses, classroom instruction, range and road experience to be provided to trainees. Evaluation at the end of the program gives advice to trainers on…
Read MoreTexas timber industry eyes new opportunities amid steady markets
In the state of Texas, the timber industry continues to expand its economic impact. Continued contributions in homebuilding activity and production alongside new developments of forest management innovate the industry. Coupled with the usage of mass timber in place of concrete or steel, reinvestments and mill expansions surge confidence within Texas’ timber industry while housing markets slow down nationally. Facing such a shift, the state has adapted and continues to be a dominant force in residential construction by tapping into increasingly appealing markets such as energy-efficient homes and multifamily buildings,…
Read MoreMaine HBA Brings Real-World Training to State’s Future Builders
The Home Builders and Remodelers Association of Maine has teamed up with Sanford Regional Technical Center to give high school students hands-on training in building homes so they can jumpstart careers in the skilled trades. Now in its seventh year, the program has completed five homes, with multiple others underway, and uses materials donated by industry partners while funding future builds through home sales. Students also receive significant support upon graduation, with over $40,000 awarded in scholarships and tools last year to help launch them into the workforce. Read More
Read MoreSouthern California Housing Market: Prices and Forecast 2025
In May 2025, the Southern California housing market saw a decline in home sales, with a 7.6% year-over-year drop, largely driven by high mortgage rates and broader economic uncertainty. While home prices remained relatively stable, rising slightly in some counties and falling in others, the region remains significantly more expensive than the national average. Inventory levels are rising, signaling a shift toward a more balanced market, though it still slightly favors sellers. Read More
Read MoreApril Private Residential Construction Spending Dips
Private residential construction spending declined for the third month in a row in April, driven by drops in single-family construction and home improvement projects. Compared to a year earlier, total residential spending was down 4.8%, with single-family spending falling 1.1% in April—ending a seven-month growth streak—and multifamily spending down 11.3% year-over-year. Elevated mortgage rates, material tariff concerns, and broader economic uncertainty continue to weigh heavily on the housing sector. Read More
Read More