NAHB’s Eye on Housing released data on the top problems that faced builders in 2015. These problems are expected to continue into 2016 based on the Cost/Availability of Labor, which 76% of builders say is expected to increase. Builders have over the past three years expressed higher concern over labor shortages.

The second most significant problem was Cost/Availability of Developed Lots for 59% of builders for 2016. In 2013, the Cost/Availability of Lots was rated significant by 46% of builders who responded to the survey. That share increased to 55% in 2014 and again to 58% for 2015. Both the availability of labor and lots highlight the expected constraints of a recovering housing market.

What problems are remodelers concerned with for the 2016 year? Let us know in the comments below.

Read more >