Construction

BOXABL expands offerings with ‘kit-of-parts’ modular platform

BOXABL is moving beyond its flagship Casita accessory dwelling unit with a Phase 2 product lineup that uses three standardized modules to configure more than 20 different home and apartment types, the company announced Tuesday. The Las Vegas-based modular manufacturer launched a beta online catalog and configurator on its developer webpage that shows how the […]

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Wells Fargo to offer 50-bps incentive for ICON 3D-printed homes

Wells Fargo has reached an agreement with construction technology company ICON to serve as the preferred lender for its new 3D-printed residential properties. As part of the partnership, the bank will offer a 50 basis-point interest rate incentive to borrowers. “The housing market is looking for new ways to increase supply and improve affordability, and this technology is

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MasterBrand completes all-stock merger with American Woodmark

MasterBrand Inc. has completed its all-stock merger with American Woodmark Corp., combining two of the largest residential cabinet manufacturers in North America at a time when builders are closely watching material costs and product availability. The transaction, first announced earlier this year, creates what MasterBrand calls the most comprehensive portfolio of cabinetry brands and products

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Single-family housing starts fell in April, but multifamily gained momentum

Housing starts increased in April compared with a year ago, but a deeper dive into the data reveals that this uptick was driven by a noisier boost in multifamily development activity, while single-family starts declined.  According to the U.S. Census Bureau’s new residential construction data released on Thursday, housing starts, on a seasonally adjusted basis,

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Why housing construction can’t grow at current demand levels

The U.S. has too much supply of single-family homes and not enough demand. But why can’t housing starts grow when the White House says we are 10 million homes short? I go back to the 1984 movie “Ghostbusters” and this quote from from Dan Aykroyd’s character: “Personally, I liked the university. They gave us money

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Builder confidence remains subdued; suppliers eye price hikes

Homebuilders maintained a subdued outlook in May, pressured by higher mortgage rates, rising inflation and affordability constraints. Ongoing conflict in Iran raises the risk of increased building material prices, further complicating an already uncertain environment. However, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), homebuilders appear to be more

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Inside QXO’s growth plan after $30.2 billion acquisition spree

Less than a month after announcing its pending TopBuild for $17 billion, QXO’s business strategists outlined plans to integrate the company into its platform, drive higher profitability and accelerate organic growth across the combined business. On Monday, QXO released an investor Q&A document that detailed the company’s growth strategy, as the Brad Jacobs-backed firm plans

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Estridge launches 345-acre Millbrook MPC in West Lafayette

WEST LAFAYETTE, Ind. – Estridge Homes has broken ground on Millbrook, a 345-acre master-planned residential and mixed-use community in West Lafayette that will bring more than 1,000 new for-sale and rental homes to one of Indiana’s most active university growth corridors, the company announced. According to the April 28 announcement, Millbrook is planned for approximately

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How AI accelerates construction draws and cuts review times

Construction project finance plays a crucial, time-sensitive role in residential construction, helping contractors, remodelers, and builders access funding draws throughout a project’s lifecycle. Historically, however, the process has been inefficient, requiring lengthy review and approval timelines that cause delays and take attention and manpower away from other important tasks.  “It’s just one of the most

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Construction pros see spring rebound despite economic uncertainty

A new survey indicates that residential contractors and remodelers began the second quarter on an optimistic note, but economic uncertainty driven by the war in Iran could complicate the picture.  The Houzz Q2 2026 U.S. Houzz Pro Industry Barometer, a survey conducted between March 17 and April 6, found that construction and design pros expect

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