Rising construction costs have dropped housing affordability to its lowest level in a decade, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index released this week. Just over 54% of new and existing homes sold between October and December were affordable to families earning the U.S. median income of $79,900, NAHB said. […]
Category: construction
ABC: 78% of Contractors Using New Tech
Roughly 78% of Associated Builders and Contractors members have implemented new technology in the past two years, with software platforms for project management and accounting as the prime focus of implementation teams, according to ABC’s first-ever construction technology report. ABC released the report Thursday as part of its mission to study innovative technology and tools […]
