Top challenges for builders: Materials in 2018, labor in 2019
from Eye On Housing
Building material prices topped the list of problems builders faced in 2018, but cost and availability of labor is expected to return to the number one spot in 2019, according to special questions on the January survey for the NAHB/Wells Fargo Housing Market Index. The survey results showed that material prices were a significant issue for 87 percent of builders last year. In 2019, however, “only” 69 percent of the builders expect them to continue being a problem.
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