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NAHB Podcast: Helping America Rebound from COVID-19

Filed in Advocacy, Disaster Response, Membership by on August 10, 2020 0 Comments
NAHB Podcast: Helping America Rebound from COVID-19

Following a brief summer hiatus, NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin return to the Housing Developments podcast to discuss the latest happenings in Washington and around the country

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NAHB Statement on NewDEAL Forum Housing Strategy

NAHB Statement on NewDEAL Forum Housing Strategy

NAHB commends the NewDEAL Forum’s Renewing America Task Force for making housing a national priority and issuing a blueprint for state and local leaders to help renters and small business property owners who have been hurt by the coronavirus pandemic.

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Housing Affordability Hits 18-Month Low on Lack of Supply, Higher Prices

Filed in Economics, Housing Affordability by on August 6, 2020 1 Comment
Housing Affordability Hits 18-Month Low on Lack of Supply, Higher Prices

Despite low interest rates, a supply shortage coupled with rising home prices contributed to a decline in housing affordability in the second quarter of 2020, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI) released today. 

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NAHB Rolls Out First Wave of 2020 Congressional Endorsements

Filed in Advocacy, Membership by on August 5, 2020 4 Comments
NAHB Rolls Out First Wave of 2020 Congressional Endorsements

NAHB is once again endorsing candidates for the U.S. House and Senate in the upcoming Nov. 3 elections. NAHB endorses candidates who have shown a commitment to policies that promote homeownership and rental housing opportunities for all Americans.

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Video: NAHB Chairman Chuck Fowke Delivers Inaugural Address to Membership

Filed in Membership by on August 3, 2020 7 Comments
Video: NAHB Chairman Chuck Fowke Delivers Inaugural Address to Membership

The new 2020 NAHB Chairman Chuck Fowke delivers his first remarks to the broader NAHB membership in this month’s Chairman’s Update.

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Builder Confidence in the 55+ Housing Market Bounces Back in Second Quarter

Filed in 55+ Housing, Economics by on July 30, 2020 2 Comments
Builder Confidence in the 55+ Housing Market Bounces Back in Second Quarter

Builder confidence in the single-family 55+ housing market bounced back in the second quarter, jumping 27 points to 65, according to the NAHB 55+ Housing Market Index (HMI) released today.

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A Housing Upturn as Concerns Grow for Lumber, Material Costs

Filed in Disaster Response, Economics by on July 24, 2020 3 Comments
A Housing Upturn as Concerns Grow for Lumber, Material Costs

The remarkably strong data for home construction has continued in recent weeks. However, for builders, access issues and delivery delays for building materials are increasingly yielding higher prices.

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New Home Sales Reach Highest Level Since Great Recession

Filed in Economics by on July 24, 2020 1 Comment
New Home Sales Reach Highest Level Since Great Recession

In a sign that the housing market is leading the economy during the coronavirus outbreak, sales of newly built, single-family homes rose to their highest level since the Great Recession, up 13.8% to a seasonally adjusted annual rate of 776,000 units in June, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

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Single-Family Starts and Permits Post Double-Digit Gains in June

Filed in Economics, Multifamily by on July 17, 2020 1 Comment
Single-Family Starts and Permits Post Double-Digit Gains in June

Led by solid single-family production, total housing starts increased 17.3% in June to a seasonally adjusted annual rate of 1.19 million units, according to a report from the U.S. Housing and Urban Development and Commerce Department.

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Remodeling Industry Sees Optimism Despite COVID-19

Filed in Economics, Remodeling by on July 16, 2020 0 Comments
Remodeling Industry Sees Optimism Despite COVID-19

NAHB today released its latest Remodeling Market Index (RMI), which posted a reading of 73. The index indicates the remodeling market has picked up since the previous quarter as home owners focus on the importance of home for work and life amidst the pandemic.

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