Posts Tagged ‘ Dodge Construction Network 2022 Mid-Year Outlook ’

Residential Growth Forecast to Continue at Lesser Rates than Years Past

May 31st, 2022

Richard Branch, chief economist at Dodge Construction Network, says single-family construction is at risk in 2022 after two years of 14% growth in 2020 and 2021. With rising prices and mortgage rates, affordability is currently at a 14-year low, and paired with material prices and labor shortages, it’s a “challenging time for single-family home construction.” […]