Tag: labor shortage

Construction workers on a residential construction sites in Phoenix, AZ. Source: Leblanc Construction/Wikimedia Commons

Construction Labor Costs Drive Home Prices Up, Pushing Buyers Out

Homebuilders are desperate to build more homes as demand accelerates across the country though they can’t because they simply do not have enough workers. The dearth in labor has squeezed homebuilders who have seen costs rise. It is the rise in labor costs in particular that has some construction firms […]