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Video: NAHB Chairman Shares State and Local Resources for Members

Filed in Chairman's Update, Membership by on December 4, 2019
Video: NAHB Chairman Shares State and Local Resources for Members

In his monthly update to members, NAHB Chairman Greg Ugalde shares two useful resources for those working to affect housing policy change on a state and local level.

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Beware of Email Scams for Purchasing ‘IBS Attendee List’

Filed in International Builders' Show by on December 3, 2019 0 Comments
Beware of Email Scams for Purchasing ‘IBS Attendee List’

As the 2020 NAHB International Builders’ Show® approaches, we are hearing from some of our members and exhibitors that they have received emails inquiring about their interest in purchasing the NAHB International Builders’ Show’s attendee list.

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Most Home Building in Millennial Areas, But Pace Lags Rest of Nation

Filed in Economics, Housing Trends by on December 3, 2019 0 Comments
Most Home Building in Millennial Areas, But Pace Lags Rest of Nation

The majority of single-family and multifamily housing production in the nation is occurring in counties with the greatest concentration of millennials. However, in a warning sign that the housing affordability crisis persists and more construction is needed, the pace of housing production in areas with the greatest concentration of millennials lags the rest of the nation, according to the latest quarterly NAHB Home Building Geography Index (HBGI).

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Home Prices Continue to Rise with Strong Demand and Tight Inventory

Filed in Affordability, Economics by on December 2, 2019 1 Comment
Home Prices Continue to Rise with Strong Demand and Tight Inventory

National home prices rose at a faster annual growth rate in September compared to the previous month.

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The Digital Transformation of a Home Builder

Filed in International Builders' Show by on December 2, 2019 0 Comments
The Digital Transformation of a Home Builder

During this IBS Master Workshop, three industry experts will focus on important changes in technology, software and data that you can embrace if you want to increase profits and stay ahead of your competition.

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Happy Thanksgiving to NAHBNow Readers

Filed in Uncategorized by on November 28, 2019 1 Comment
Happy Thanksgiving to NAHBNow Readers

NAHBNow will be running on a modified blog posting schedule for the Thanksgiving holiday. We’ll return to our normal publication schedule on Monday, Dec. 2.

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New Home Sales Post Strong Pace in October

Filed in Economics by on November 26, 2019 1 Comment
New Home Sales Post Strong Pace in October

Sales of newly built, single-family homes decreased 0.7% to a seasonally adjusted annual rate of 733,000 units in October, off strong upward revisions to the September reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. On a year-to-date basis, new home sales for 2019 are 9.6% higher than the same period in 2018.

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Multifamily Builder and Developer Confidence Weakens Slightly in Third Quarter

Filed in Economics, Multifamily by on November 21, 2019 0 Comments
Multifamily Builder and Developer Confidence Weakens Slightly in Third Quarter

Confidence in the market for new multifamily housing weakened slightly in the third quarter, according to results from the Multifamily Market Survey (MMS) released today by NAHB.

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Single-Family Construction Continues to Make Steady Gains in October

Filed in Economics by on November 19, 2019 0 Comments
Single-Family Construction Continues to Make Steady Gains in October

Total housing starts increased 3.8 percent in October to a seasonally adjusted annual rate of 1.31 units, according to a report from the U.S. Housing and Urban Development and Commerce Department.

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Builder Confidence Holds Firm in November

Filed in Economics by on November 18, 2019 0 Comments
Builder Confidence Holds Firm in November

Builder confidence in the market for newly built single-family homes edged one point lower to 70 in November, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today. The past two months mark the highest sentiment levels in 2019.

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