Trends in 2013 so far show that the building industry is on the rise across the board. A recent NAHB and Wells Fargo Housing Market Index showed that one of the biggest concerns for builders in 2013 is the cost and availability of materials. While that may sound bad at first, it is a sign that demand for materials is increasing because construction is increasing. Additionally, the same index shows that nearly half of all builders expect less availability for developed lots in 2013, up from 24% of builders the year before. Fewer available lots means more lots being used up, meaning more houses being built.
Read the full article here: Assessing Trends in the Building Industry