More articles Related stories Homebuilding construction jobs are on the rise, but wages aren’t.
The construction industry has been hit hard by the collapse of the housing market.
It’s also been struggling with inflation, which has led to a rise in home prices.
The average cost of a home in the U.S. in July was $329,400, up 10.7% from a year earlier, according to Trulia.
That was more than double the $210,000 median price.
Home prices have been on a tear, with median home prices rising a stunning 10.8% in the past year, according, Trulia data.
The median price of a one-bedroom home is now $823,400.