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More Buyers Look to the ‘Burbs as Lumber Price Hikes Continue

Filed in Economics by on September 7, 2020 0 Comments
More Buyers Look to the ‘Burbs as Lumber Price Hikes Continue

Housing demand remains solid, despite rising costs. However, consumer preferences are pivoting away from high-density markets and more toward suburban markets.

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Remodeler Emphasizes Building Trust with Both Clients and Colleagues

Filed in Awards, Business Management, Remodeling by on August 25, 2020 0 Comments
Remodeler Emphasizes Building Trust with Both Clients and Colleagues

Some of the most successful remodelers will agree the best resources are found through membership within local remodelers councils and NAHB Remodelers. Just ask Greg Rehm, owner of Liberty Hill Construction in Bedford, N.H., and the NAHB August Remodeler of the Month.

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WTO Finds in Canada’s Favor in Softwood Lumber Dispute

Filed in Advocacy, Economics, Trade by on August 24, 2020 1 Comment
WTO Finds in Canada’s Favor in Softwood Lumber Dispute

According to a World Trade Organization (WTO) dispute settlement ruling issued today, the United States inappropriately applied countervailing duties on Canadian softwood lumber. The WTO report came in response to Canada’s challenge of the U.S. Commerce Department’s imposition of countervailing duties on Canadian softwood lumber in 2017, after the countries failed to reach a new agreement on softwood lumber.

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Surge in Home Construction, Lumber Prices

Filed in Economics by on August 20, 2020 6 Comments
Surge in Home Construction, Lumber Prices

Residential construction is leading the economy, as housing demand remains strong and supply is tight. However, risks remain for the industry, especially regarding the quickly escalating prices for lumber.

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Soaring Lumber Prices Limit Housing’s Growth

Filed in Economics by on August 6, 2020 10 Comments
Soaring Lumber Prices Limit Housing’s Growth

Demand for single-family homes remains a bright spot for the overall economy. However, the price of lumber has staged a staggering increase in recent months, exacerbating affordability woes and limiting housing’s economic impact.

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It’s Full Steam Ahead for The New American Home 2021

Filed in Design, IBS by on July 15, 2020 3 Comments
It’s Full Steam Ahead for The New American Home 2021

Construction is progressing swiftly on The New American Home 2021, the official show home of The NAHB International Builders’ Show® (IBS). And there is growing anticipation for its unveiling, which will show builders and consumers the latest designs and features centered around urban living.

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Housing Shows Strength as Sales and Permits Rise

Filed in Disaster Response, Economics by on June 25, 2020 1 Comment
Housing Shows Strength as Sales and Permits Rise

Consistent with NAHB’s forecast, home building data are showing signs of leading an emerging economic rebound. While risks to the outlook remain, the recession appears to have taken a short and sharp downturn.

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Remodeler of the Month Attests to the Value of Service

Filed in Awards, Business Management, Membership, Remodeling by on June 24, 2020 1 Comment
Remodeler of the Month Attests to the Value of Service

Greg Harris, owner of G.P. Harris Construction in Jonestown, Penn., has kept his business growing for the last 17 years through high-quality craftsmanship and a keen focus on customer service. That success led Harris to be recognized as NAHB’s June Remodeler of the Month.

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Renewed Commitment Earns Membership Cup for Portland HBA

Filed in Awards, Membership by on June 19, 2020 0 Comments
Renewed Commitment Earns Membership Cup for Portland HBA

After a six-year lag in member recruitment, the HBA of Metro Portland was determined to ramp up its efforts in 2019. So they created a plan built around maintaining momentum throughout the year, ultimately earning the prestigious NAHB Membership Cup for 2019.

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Turning Point for the Labor Market

Filed in Disaster Response, Economics by on June 12, 2020 0 Comments
Turning Point for the Labor Market

In a surprisingly positive reading for the labor market, recent jobs data showed the unemployment rate in May declined to 13.3%. The reopening of the economy in most states has led to a rapid reversal for the jobs outlook and the prospects for the beginning of a recovery in the third quarter. Housing data indicate the industry will lead the way in such a rebound…

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