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Builder Confidence in the 55+ Housing Market Drops Significantly on Coronavirus Concerns

Filed in Economics by on April 30, 2020 1 Comment
Builder Confidence in the 55+ Housing Market Drops Significantly on Coronavirus Concerns

Builder confidence in the single-family 55+ housing market dropped 30 points to 38 in the first quarter, according to the NAHB 55+ Housing Market Index (HMI) released today. This is the lowest reading since the fourth quarter of 2012.

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7 Tips for Running a Successful Virtual Meeting

Filed in Sponsored Content by on April 29, 2020 1 Comment
7 Tips for Running a Successful Virtual Meeting

While safety is changing the way we work, running a successful meeting – either with clients or team members – will always be a key part of doing business in the building industry.

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NAHB Updates Job Site Coronavirus Safety Guidance for Construction

Filed in Disaster Response, Safety by on April 27, 2020 4 Comments
NAHB Updates Job Site Coronavirus Safety Guidance for Construction

NAHB has published important updates to its guidance for construction employers, employees and contractors on coronavirus exposure prevention, preparedness and response.

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HBI Extends Complimentary Online Learning Resources

Filed in Disaster Response, Education by on April 24, 2020 0 Comments
HBI Extends Complimentary Online Learning Resources

The Home Builders Institute (HBI) has extended free online learning alternatives for local schools and training programs through May 31, in response to continued requests for K-12 Career Technical Education (CTE) amid the COVID-19 pandemic.

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New Home Sales Fall 15.4% in March on Virus Concerns

Filed in Economics by on April 23, 2020 2 Comments
New Home Sales Fall 15.4% in March on Virus Concerns

Sales of newly built, single-family homes fell 15.4% to a seasonally adjusted annual rate of 627,000 units in March, coming off a downward revision in February. The March rate is 9.5% lower than the March 2019 pace.

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Register for this Week’s Coronavirus Response Webinars

Register for this Week’s Coronavirus Response Webinars

NAHB continues its Coronavirus Webinar Series this week with sessions on strategic marketing and job site safety.

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Timeline Begins for Implementation of Trump WOTUS Rule

Filed in Codes and Standards, Environment by on April 21, 2020 0 Comments
Timeline Begins for Implementation of Trump WOTUS Rule

The Federal Register today published the final “Navigable Waters Protection Rule” (NWPR), which is the Trump Administration’s new definition of “waters of the United States” (WOTUS). Publication of the rule starts a 60-day timeline, after which the NWPR will become effective across the country.

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New Podcast: NAHB Leaders Discuss Safety Stand Down

Filed in Disaster Response, Safety by on April 20, 2020 0 Comments
New Podcast: NAHB Leaders Discuss Safety Stand Down

On the latest episode of NAHB’s podcast Housing Developments, CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss the April 16 COVID-19 Job Site Safety Stand Down, and designating residential construction as an “essential” business.

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NAHB Debuts New Index for Remodeling Activity

Filed in Economics, Remodeling by on April 16, 2020 0 Comments
NAHB Debuts New Index for Remodeling Activity

NAHB redesigned its Remodeling Market Index (RMI) in the first quarter of 2020 to ease respondent burden and improve its ability to interpret and track industry trends. The first reading for this new RMI series is 48.

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Housing Starts Down in March on Coronavirus Effects

Filed in Economics by on April 16, 2020 6 Comments
Housing Starts Down in March on Coronavirus Effects

Reflecting the growing impact of the COVID-19 pandemic, total housing starts decreased 22.3% in March from a downwardly revised February reading to a seasonally adjusted annual rate of 1.22 million units, according to a report from the U.S. Housing and Urban Development and Commerce Department. Meanwhile, overall permits declined 6.8% to 1.35 million.

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