Birmingham Builders of Alabama

The Greater Birmingham Association of Home Builders strives to protect the American Dream in Central Alabama for housing opportunities for all, while working to promote professional success for its members who build, remodel, and maintain communities, create jobs and improve our local economy.

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Eye On Housing

Framing Methods for Single-Family Homes: 2018

Oct 10^th 2019 : Wood framing remains the most dominant construction method for single-family homes in the U S according to NAHB analysis of Census Bureau data For completions of new homes were wood-framed Another were concrete homes and less than half a percent were steel-framed These shares have remained fairly stable over the last five years In absolute terms single-family ...
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Real Rent Index Edges Up in September

Oct 09^th 2019 : In September NAHB s Real Rent Index increased percent over August s reading after essentially no growth between June and August Figure Over the first nine months of the average monthly growth rate of the Real Rent Index was slightly higher than the average of in NAHB constructs a real rent index to indicate whether inflation ...
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Consumer Prices Were Unchanged in September

Oct 09^th 2019 : The Bureau of Labor Statistics BLS reported that the Consumer Price Index CPI was unchanged in September on a seasonally adjusted basis after a increase in August Excluding the volatile food and energy components the core CPI increased by in September following a increase for three straight months June July and August Over the month of September ...
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Construction Job Openings Steady

Oct 08^th 2019 : Data from the BLS Job Openings and Labor Turnover Survey JOLTS indicate that construction job openings increased in August The estimated number of job openings in the construction sector increased to after reaching a post-Great Recession high of in April The August count of unfilled jobs represents a year-over-year gain relative to the estimated unfilled construction jobs ...
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Highest Paid Occupations in Construction in 2018

Oct 08^th 2019 : According to the Bureau of Labor Statistics Occupational Employment Statistics OES Survey data and analysis by the National Association of Home Builders NAHB half of payroll workers in construction earn more than and the top make at least In comparison the U S median wage is while the top quartile top makes at least ...
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Year-to-Date Price Growth of Building Materials is Slowest in Years

Oct 07^th 2019 : Prices paid for goods used in residential construction decreased by in September not seasonally adjusted according to the latest Producer Price Index PPI released by the Bureau of Labor Statistics Building materials prices have declined an average of per month over the last months and the price of goods used in residential construction has risen in ...
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