Not hampered by the pandemic as much as other industries, the roofing biz remains viable. Here’s what’s driving the business in 2021.

A lumber shortage is fueling more price concerns in the US housing market, already beset with inventory challenges.

The US housing market had some outsized metrics in 2020 and is showing signs of cooling . This will have delayed impacts on other industries.

As housing inventory bottoms out, median prices continue their rise to historic levels … spelling big challenges for buyers and realtors.

ESA TLN | ESA’s Jake Winchell provides a positive update on the home services sector, explaining how this has been one of the least impacted areas of business continuity in the economy.

ESA on EHS | Year-over-year gains in the January 2020 housing market provide a positive sign for the beginning of 2020. The 5.46M SAAR for the year’s first month was a 9.6% gain over January 2019

ehs-2019-12-infographic

EHS | The US housing market ended 2019 on a strong note (+10.8 YoY for December). Here’s how that effects the 2020 local market in both up and down directions.

EHS | November’s housing market lifted year-over-year but declined monthly, with prices gaining again on ever-tightening inventory levels.

In August, three of the four major regions of the country saw a rise in existing home sales. As sales rose 2.6%, prices were up thanks in large part to continued inventory shortages.

Existing home sales fell in June 2019, while prices and inventory levels continued to inch forward. The market is still faced with a significant shortage of existing housing units.