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Construction Market Forecast 2023

Location
Seattle, Portland, San Francisco
Publish Date
2022/12/01

Overall, total construction starts ↑ 17% in 2022 and are expected to remain flat in 2023. Worker shortages will be the biggest hurdle for the industry to overcome. Some good news for the industry comes in the form of declining material prices. The demand for single-family housing will still be robust, starts ↓ 6% in 2023.

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Los Angeles, San Diego, Central Coast, New York, New Jersey, North Carolina, Colorado, Miami, Tampa, Orlando, Charlotte, Raleigh, USA, California, Sacramento, Texas, Austin, Houston, Dallas, San Antonio, Illinois, Chicago, Atlanta, Florida, Nevada, Washington D.C., Minnesota, Minneapolis, Ohio, Pennsylvania, Arizona, Philadelphia, Maryland, Massachusetts, Connecticut, Indiana, South Carolina, Virginia, Missouri, Hawaii, Arkansas, Tennessee, Washington, Alabama, Jacksonville, North Port-Sarasota-Bradenton, Cape Coral – Fort Myers, Louisiana, Maine, Georgia