Survey: Widespread Labor Shortage Prompts Homebuilders to Raise Prices

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The lack of workers for residential construction has become "substantially more widespread," leading homebuilders to raise home prices, according to a survey of the National Association of Home Builders. The survey found that about 2 in 3 homebuilders pays higher wages due to the shortage, which leads many of them to raise prices. When it comes to subcontracting work, about 63% of builders surveyed say they have experienced a shortage of rough carpenters. 

(From NRCA)

Trenton H. Cotney
Florida Bar Certified Construction Lawyer
Trent Cotney, P.A.
1211 N Franklin St
Tampa, FL 33602

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