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2025 Event Recap

HIGHLIGHTS AND KEY TAKEAWAYS — MARCH 11, 2025

The 2025 Forum for Housing Executives was attended by CEOs and executives from companies responsible for more than 50% of new residential housing starts in the United States. The event offered attendees an opportunity for candid discussions of issues and opportunities facing homebuilders.

Highlights and topics included

  • M&A: At the time, expectations called for robust activity, with about ten private builder sales projected over the following six months along with one public builder sale announcement.
  • Tariffs: Tariffs were not expected to have a material impact on builder margins.
  • Labor: The labor supply was anticipated to remain strong, with no significant rise in labor costs expected.
  • Immigration Policy: Deportations or immigration constraints were not expected to materially impact demand or the labor supply.
  • Affordability and Consumer Confidence: These issues were viewed as key challenges for builders, with sales potentially slowed by rising consumer debt, economic uncertainty, and the risk of job loss.
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