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The construction industry as a sector is one of the single biggest users of steel, which developers and homebuilders need for everything from building frames to appliances.

He has alluded to reducing regulatory costs for homebuilders and opening up swaths of federal land for home construction.

After nine people contacted the BBC to report issues with their properties built by Cala, one of the UK's largest homebuilders, the sheer number of problems in one man's house stood out.

But Federal Emergency Management Agency regulations and insurance providers have raised the standards for homebuilders and developers, requiring increased wind and flood protection.

The homebuilder’s fiscal first-quarter revenue and deliveries fell short of analysts’ forecasts.