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.

Home for sale

The Toughest Cities for First-Time Home Buyers

Owning a home has long been a cornerstone of the American Dream. However, this dream remains out of reach for many Americans. According to the U.S. Census Bureau, only 64.6 percent of Americans owned a home in 2019. That’s 4.3…

New home construction

U.S. Cities Investing the Most in New Housing [2020 Edition]

New housing construction in the U.S. is slowing down, which isn’t good for families already struggling to afford their first home. Even though multi-family dwellings have accounted for the lion’s share of new home construction growth since the recession, the…

Union members

The Most Unionized States in America

Union membership in the U.S. reached a new low last year. According to the Bureau of Labor Statistics (BLS), just 10.5 percent of all employees were union members in 2018 compared to more than 20 percent in 1983. In the…

Construction worker

Best Cities for Construction Workers

The construction industry plays a vital role in the national economy. As of 2019, the total annualized value of construction work in the U.S. was approximately $1.3 trillion, making construction one of the nation’s largest industries. According to the U.S. Bureau…

neighborhood

The Hottest Real Estate Markets of 2019

Since the housing market crash of 2008 and the ensuing recession, the U.S. economy has not only recovered, but enjoyed steady growth. Beginning in 2012, an improved job market, low interest rates, and low rates of new home construction have…

home for sale

The Most House Poor Cities in America

June of 2019 marked 10 years of uninterrupted economic growth in the U.S., making it the longest expansion on record since 1854, according to the NBER. Unemployment rates are at historic lows and wages are inching up. So it might…

Residential Housing Development

States With the Highest Property Tax Rates

The Great Recession was characterized by stark unemployment, financial ruin, and a stalled housing market. Although the National Bureau of Economic Research declared an official end to the economic downturn in June 2009, the American public would feel the effects…

Houston Texas Housing Development

States Investing the Most in New Housing

The United States is experiencing one of the longest periods of economic expansion in its recent history with both employment rates and real median income rising. However, the number of newly constructed residential buildings nationwide is still far below its 2005 peak…

Miami Florida

These U.S. Cities Are the Most Threatened by Sea Level Rise

With global temperatures rising at an alarming rate, climate change has become one of the most pressing issues of our time. A special report released by the Intergovernmental Panel on Climate Change (IPCC) contends that land and ocean ecosystems are already…

Naples, Florida

The Most Expensive Neighborhood in Every State

Choosing the right neighborhood can make all the difference when it comes to quality of life. It’s also one of the most important factors that dictate price. According to the Zillow Home Price Index, the median home price in the…

First-time Home Buyers

The Best Cities for First-Time Home Buyers

In recent years, the U.S. has become a nation of renters, with more households renting now than at any point since 1965. Although homeownership has historically been part of the American Dream, the lack of affordable housing nationwide puts this…

Suburban home

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…

large home

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…