Building Market Intelligence

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Surprising Reason for Continued Supply Shortages

Some very unique circumstances will likely cause building product companies to significantly underestimate demand this year, leading to even more shortages. The building products companies that prepare for this will take significant market share in 2022.

The Fight against Deflation

Here is an excerpt from our client-only webinars on how we are thinking about future price changes. The 20-minute video breaks down how we are thinking about general price trends during and after COVID-19. We are continuing our weekly webinars …

Changes in Building Products Strategy

2020 is off to a strong start for housing! In this podcast, Todd Tomalak discusses the state of the building products industry with the Venveo team. Higher-density construction is shifting the products used in the home. Innovative exteriors and sustainable/green …

California Solar Mandate Will Be a Non-Event

On January 1, 2020, California became the first state to require solar panels on all new homes—what many are calling a “solar mandate.” What impact will this have on home building in California in 2020? By all accounts, not very much. …

JBREC’s 2020 Southern California Outlook: 7 Trends to Watch

Rising New Home Sales and Prices* New home sales to rise from 19,590 in 2019 (preliminary) to 20,890 in 2020. Housing demand drivers such as job growth and affordability indicate that sales could be even higher than projected. Supply constraints …

Smart Home Tech Quickly Becoming Standard in New Homes

While smart home technology was an interesting new home upgrade option three years ago, new home buyers in most price ranges and locations now expect new homes to come equipped with the ability to control temperatures, lighting, security, and other …

Southern California New Home Market Trends and Strategies—4Q 2019

Los Angeles Negative fallout from the passage of Proposition JJJ in 2016 is beginning to be felt in the new home market as the pipeline of for-sale slab-on-grade housing projects in the City of Los Angeles dwindles. Total permits in …

Affordable Apartments? Skip the Amenities

New apartment communities must have amenities, right? Not necessarily. Our consumer research shows that the most valued amenity is frequently “low rent.” A recent survey by the NMHC showed that the two top community amenities nationwide are: reliable cell reception …

Shifts in Home Design and Material Demand

Rapidly changing technologies and new home designs have surprised some industry executives. Designs That Shift Building Material Demand Rapidly changing new home designs have surprised building product company executives who have not been speaking directly with the home building community. …

The Great Price Deceleration

Price appreciation has slowed across every major housing market, in what we are coining the Great Price Deceleration. Note: This chart shows the difference in YOY price appreciation for each market today compared to one year ago. For instance, San …