Category: Research

Browse reports prepared by our research team on the construction industry. We use data from the U.S. Census Bureau and the Bureau of Labor Statistics, among other sources, to provide readers with up-to-date data and statistics relevant to the construction industry.

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Steep Prices Strain Borrowers & Depress Homeownership in Expensive States

The New York Fed recently released its Household Debt and Credit report for Q4 2018, indicating the status of aggregate household debt in the U.S. The report shows that by the end of 2018, household debt reached a new peak of $13.54 trillion dollars, a 0.2 percent increase from Q3 2018 and $869 billion higher ...

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Cities with the Highest Property Taxes

With President Trump’s Tax Cuts and Jobs Act in effect, living in a high-tax state is now even more expensive than before. Prior to the new law, taxpayers in those states benefited from the ability to deduct the full amount of their state and local tax (SALT) payments on their federal returns. However, starting with the ...

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The Most Expensive Zip Code in Every State

Whether someone is a first-time homebuyer or an investor looking for a rental property, navigating the real estate market can be overwhelming. Local schools, mortgage rates, and the size/condition of the property are a few factors that influence the price tag, but more than anything else, it’s “location, location, location” that dictates the cost of ...

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Cities Investing the Most in New Housing

With mortgage rates and demand for new single-family homes at historic lows, investors are paying close attention to new residential construction this year. Residential building permits and housing starts are two widely used indicators of the broader health of the economy. Increased demand for new homes nationally, and in specific geographic areas, can be a ...

manufactured home
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A New Home for $70k? The American Dream Gets a Remodel

Owning a home has long been considered an essential part of achieving the American dream. But with skyrocketing housing costs and stiffer borrowing requirements following the Great Recession, many have struggled to make that dream their own reality. In the midst of America’s ever-present housing crisis, a once-familiar, low-cost alternative to traditional site-built homes has ...

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The Best Paying Cities for Construction Workers

The construction industry is one of the largest in the United States and, according to the Census Bureau, is currently responsible for more than $1.3 trillion in annual spending. That number is up from a modern low of $788 billion in 2011 following the Great Recession. Since then, nearly a decade of broad economic growth ...

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Construction Spending in the United States

Total Construction Spending The construction industry is one of the largest industries in the United States, responsible for more that $1 trillion in annual spending. Since 2011, total construction spending has grown by 7.9 percent annually and is expected to maintain a similar compounded annual growth rate to reach $1.78 trillion by 2022. For context, ...

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Trends in Residential Real Estate Development

This page provides statistics from the U.S. Census Bureau Building Permits Survey. The data collected in this survey is meant to provide the public with data and information on new residential construction projects at local, state, and national levels. New Privately-Owned Housing Units by Size Since bottoming out in 2009, new residential real estate development ...