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A Note of Gratitude to Our NAHBNow Readers

Filed in Membership by on November 26, 2020 1 Comment
A Note of Gratitude to Our NAHBNow Readers

With all of the challenges the country and the home building industry have faced in 2020, NAHB is especially grateful for the members of the NAHB Federation and our NAHBNow readers this year.

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New Home Sales Essentially Flat in October, Continuing Strong Fall Season

Filed in Economics by on November 25, 2020 0 Comments
New Home Sales Essentially Flat in October, Continuing Strong Fall Season

Sales of newly built, single-family homes in October dipped 0.3 percent to 999,000 from an upwardly revised September 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 October rate is 41.5 percent higher than the October 2019 pace, and on a year-to-date basis, new home sales are up 20.6 percent in 2020.

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Buddy Hughes Seeks Certification as Candidate for NAHB 2022 Third Vice Chair

Filed in Membership by on November 20, 2020 1 Comment

The NAHB Nominations Committee has announced that Buddy Hughes, a Builder member of the HBA of Davidson County in North Carolina, submitted his Letter of Intent to seek certification as a candidate for NAHB 2022 Third Vice Chairman at the upcoming annual leadership meetings.

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Membership Drive Competition Enters the ‘Home Stretch’

Filed in Membership by on November 19, 2020 0 Comments
Membership Drive Competition Enters the ‘Home Stretch’

These are the final days to recruit new Builder and Associate members and have the chance to win a trip to visit the Signature Kitchen Suite Experience and Design Center in Napa Valley, Calif. Recruiters have until Nov. 30 to edge out the competition.

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Multifamily Construction Sentiment Showed Improvement in Third Quarter

Filed in Economics, Multifamily by on November 19, 2020 0 Comments
Multifamily Construction Sentiment Showed Improvement in Third Quarter

Confidence in the market for new multifamily housing increased in the third quarter, according to results from the Multifamily Market Survey released today by NAHB.

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Single-Family Starts at Highest Pace Since Spring of 2007

Filed in Economics by on November 18, 2020 3 Comments
Single-Family Starts at Highest Pace Since Spring of 2007

Led by solid gains in single-family production, overall housing starts increased 4.9% in October to a seasonally adjusted annual rate of 1.53 million units, according to a report from according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

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Podcast: Home Building Can Continue to Thrive in New Political Environment

Filed in Advocacy, Membership by on November 17, 2020 0 Comments
Podcast: Home Building Can Continue to Thrive in New Political Environment

On the latest episode of Housing Developments, NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss the various factors that will play into the likely landscape builders will face as winter approaches, including: record high builder confidence, policy referendums, the impact of who controls the House and Senate, Cabinet picks, and housing policy likely to be enacted by the next administration.

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Sales Growth Lifts Builder Confidence to New Record High

Filed in Economics by on November 17, 2020 12 Comments
Sales Growth Lifts Builder Confidence to New Record High

In another sign that housing continues to lead the economy forward, builder confidence in the market for newly-built single-family homes increased five points to 90 in November, shattering the previous all-time of 85 recorded in October, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today.

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Watch: NAHB Chairman Chuck Fowke Addresses 2020 Election

Filed in Membership by on November 10, 2020 0 Comments
Watch: NAHB Chairman Chuck Fowke Addresses 2020 Election

In the November Chairman’s Update, NAHB Chairman Chuck Fowke provides members with an outlook for the next four years following the 2020 election. Fowke also encourages members to register for the 2021 virtual IBS experience, IBSx.

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NAHB Podcast: Looking Ahead to the Next Four Years

Filed in Advocacy by on November 9, 2020 2 Comments
NAHB Podcast: Looking Ahead to the Next Four Years

Tune into the latest episode of Housing Developments to hear NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin give their takes on the outcomes of races for Congress and the White House.

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