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New WOTUS Rule Becomes Effective Today

Filed in Codes and Regulations, Environmental by on June 22, 2020 1 Comment
New WOTUS Rule Becomes Effective Today

The “Navigable Waters Protection Rule” (NWPR), which is the Trump Administration’s new definition of “waters of the United States” (WOTUS), becomes effective today in every state except Colorado.

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NAHB Mourns Passing of Former Chairman Granger MacDonald

Filed in Leadership, Membership by on June 19, 2020 6 Comments
NAHB Mourns Passing of Former Chairman Granger MacDonald

The NAHB Federation mourns Texas builder and 2017 NAHB Chairman Granger MacDonald, who passed away Wednesday. Across the Federation, Granger was admired for his tireless efforts advocating on behalf of the housing industry and his spirit of generosity.

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New Housing Numbers Flash Signs of Continued Growth

Filed in Economics by on June 17, 2020 2 Comments
New Housing Numbers Flash Signs of Continued Growth

In a sign that the housing market continues to show forward momentum, single-family permits posted an 11.9 percent gain in May, while total housing starts increased 4.3 percent to a seasonally adjusted annual rate of 974,000 units, according to a report from the U.S. Housing and Urban Development and Commerce Department.

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Builder Confidence Surges in June as Housing Rebound is Underway  

Filed in Economics by on June 16, 2020 302 Comments
Builder Confidence Surges in June as Housing Rebound is Underway   

In a sign that housing stands poised to lead a post-pandemic economic recovery, builder confidence in the market for newly-built single-family homes jumped 21 points to 58 in June, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. Any reading above 50 indicates a positive market.

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U.S. Posts Surprise Job Gains as Unemployment Falls to 13.3% in May

Filed in Construction Industry, Economics by on June 5, 2020 0 Comments
U.S. Posts Surprise Job Gains as Unemployment Falls to 13.3% in May

In a strong signal that the economy may be rebounding from the COVID-19 pandemic, the U.S. unemployment rate posted a surprise decline from 14.7% in April to 13.3% in May as total payroll employment increased by 2.5 million.

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2020 Virtual Legislative Conference Set for June 22-24

Filed in Capitol Hill by on June 5, 2020 0 Comments
2020 Virtual Legislative Conference Set for June 22-24

With the housing industry and economy facing unprecedented challenges because of the COVID-19 pandemic, this year’s Legislative Conference takes on added importance as it moves from in-person meetings to a special three-day virtual event running from June 22-24.

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Video: Home Builder Shares His New Business Strategies with NAHB Chairman

Filed in Chairman's Update by on June 4, 2020 0 Comments
Video: Home Builder Shares His New Business Strategies with NAHB Chairman

In this month’s Chairman’s Update, NAHB Chairman Dean Mon talks with custom home builder Stephen Carson of CarsonSpeer Builders in South Carolina. Carson has leveraged online business practices to not only survive, but thrive during the coronavirus pandemic.

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Coronavirus Likely to Add Momentum to Increased Home Building in Smaller Markets

Coronavirus Likely to Add Momentum to Increased Home Building in Smaller Markets

The COVID-19 pandemic is likely to hasten a housing trend already taking place across the nation – residential construction activity that is expanding at a more rapid rate in lower density markets such as smaller cities and rural areas. Multifamily development is also proceeding at a brisk pace in areas where education and health services dominate. These are among the findings of the latest quarterly NAHB Home Building Geography Index (HBGI).

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Housing Stands Poised to Lead a Recovery

Filed in Disaster Response, Economics by on May 29, 2020 2 Comments
Housing Stands Poised to Lead a Recovery

With one major exception, this week’s housing data showed some signs of stabilization after an effective two-month pause for major portions of the U.S. economy. While most indicators are down year-over-year, there are hints of a rebound in the data, provided businesses can continue to reopen as the virus slows its growth.

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HBI Continues to Support Online Learning Initiatives

HBI Continues to Support Online Learning Initiatives

To support online learning during this time, HBI is offering a promotion to the first 25 organizations that sign or renew a Pre-Apprenticeship Certification Training (PACT) license. In addition, HBI’s free online learning tool, CTEtechWorks, has been extended to June 30.

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