NAHB Now's Latest Posts
NAHB Podcast: Final Thoughts Before Election Day
On the latest episode of Housing Developments, NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin give their final thoughts before the national elections on Nov. 3.
Builder Confidence in the 55+ Housing Market At an All-Time High in Third Quarter
Builder confidence in the single-family 55+ housing market reached an all-time high in the third quarter, jumping 18 points to 83, according to the NAHB 55+ Housing Market Index (HMI) released today.
September New Home Sales Pause Following Strong Summer Surge
Sales of newly built, single-family homes in September fell 3.5% to 959,000 from a downwardly revised August number, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Despite the monthly decline, the September rate is 32.1% higher than the September 2019 pace, and on a year-to-date basis, new home sales are up 16.9% in 2020.
Members Share Tips to Win a Trip to Napa Valley
In support of this year’s membership drives, Signature Kitchen Suite is again offering a big incentive to the top nine Builder members who recruit the most new members: an all-inclusive, four-day trip to Napa Valley, Calif. To help give this year’s recruiters a leg up on the competition, a few of the 2019 winners offered some words of wisdom.
Watch the NAHB Leadership Council and Board of Directors Meetings on Oct. 23
NAHB members and executive officers can watch livestream webcasts of the Fall Leadership Council and Board of Directors Meetings on Friday, Oct. 23.
Why Home Builders Should Offer Smart Home Leak Detectors
Most home builders know the value of incorporating smart home technology into their builds, and smart leak detectors are one device they shouldn’t overlook.
Single-Family Construction Continues Dramatic Climb
Single-family starts showed continued growth in September as overall housing production increased 1.9 percent to a seasonally adjusted annual rate of 1.42 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Builder Confidence Continues Record Climb
In a further show of strength for the housing sector, builder confidence in the market for newly-built single-family homes increased two points to 85 in October, further surpassing the previous all-time high of 83 recorded in September, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today. These are the first two months the index has ever been above 80.
Lumber Prices Trending Downward from Mid-September Peak but Still High
Framing lumber prices peaked above $950 per thousand board feet in mid-September, according to Random Lengths, and have been on a slow, downward trajectory since then. For the week ending Oct. 16, prices stood above $750 per thousand board feet, down nearly $200 since their all-time high last month.
Protect the Health of Your Workers and Your Business
The global COVID-19 pandemic has driven a greater focus on cleanliness and hygiene in all aspects of our daily lives. These standards should not be compromised on a construction site.
