America’s lumber shortage has gone from bad to worse, increasing the average price of a new single-family home by $35,872, according to the National Association of Home Builders (NAHB).

California-based housing data company Zonda announced today that it’s acquiring BuzzBuzzHome, the online real estate listings portal serving the new residential construction market and the owner of the Livabl media brand.

Business is booming for OpenSpace, a San Francisco-based tech company that enables property owners, general contractors and tradespeople to capture and track construction progress.

Manhattan View, a new luxury condominium in Middle Town West, offers an extensive array of amenities geared toward wellness, socialization and creativity.

New residential construction is booming, but the industry is facing a significant labor shortage.

The severe inventory shortage afflicting the resale market has prompted homebuilders to ramp up construction to activity levels not seen since 2006.

A limited collection of 15 Spanish-style residences in the heart of Silicon Valley.

Ultra-low inventory in the resale market is driving up demand for new construction homes, giving builders a confidence boost heading into the frenzied spring homebuying season.

The need for homes that can be built quickly and sustainably has never been greater.

Mistakes happen, but when it comes to new construction, even minor blunders can cost builders untold amounts of time and money.