Economics

Remodeling Market Confidence Remains Positive

Filed in Economics, Remodelers by on July 20, 2017 0 Comments
Remodeling Market Confidence Remains Positive

“While remodelers continue to see robust demand across the country, the lack of skilled labor continues to be a serious issue,” said NAHB Remodelers Chairman Dan Bawden.

Continue Reading »

Single-Family Housing Starts Bounce Back in June

Filed in Economics, Home Building by on July 19, 2017 0 Comments
Single-Family Housing Starts Bounce Back in June

Nationwide housing starts rose 8.3% in June to a seasonally adjusted annual rate of 1.22 million units, according to data released this morning from HUD and the Commerce Department.

Continue Reading »

Builder Confidence Slips 2 Points in July, Remains Solid

Filed in Economics by on July 18, 2017 1 Comment

Builder confidence in the market for newly built single-family homes slipped two points in July to 64 from a downwardly revised June reading on the NAHB/Wells Fargo Housing Market Index (HMI). It is the lowest reading since November 2016.

Continue Reading »

Lumber Shortages Encumber More Builders

Filed in Economics by on July 12, 2017 0 Comments
Lumber Shortages Encumber More Builders

Home builders across the country were getting hammered by skyrocketing lumber prices earlier this year. And now, more of them are reporting lumber supply shortages, too. More than 1 in 5 single-family builders say they are experiencing a shortage of framing lumber.

Continue Reading »

Home Buying a Strong Boost to Overall Economy, NAHB Study Shows

Filed in Economics, Home Building by on July 6, 2017 1 Comment
Home Buying a Strong Boost to Overall Economy, NAHB Study Shows

In their first year of ownership, new home buyers spend about $10,601 on appliances, furnishings and home improvement projects — 2.6 times as much as other home owners in a typical year.

Continue Reading »

Housing Demand in the Southeast Finds a ‘New Normal’

Housing Demand in the Southeast Finds a ‘New Normal’

It’s been an up-and-down year thus far in the Southeast U.S. for home building. But May sales numbers indicate the region is finding its sweet spot.

Continue Reading »

Lumber Tariffs Threaten Thousands of U.S. Jobs, Raise Housing Costs

Filed in Economics by on June 27, 2017 22 Comments
Lumber Tariffs Threaten Thousands of U.S. Jobs, Raise Housing Costs

In a move that will raise housing costs and price countless American households out of the housing market, the Commerce Department on June 26 imposed a preliminary 6.87% anti-dumping duty on Canadian lumber imports on top of the 19.88% countervailing duties announced in April.

Continue Reading »

New Home Sales Rise 2.9% in May

Filed in Economics, Home Building by on June 23, 2017 1 Comment
New Home Sales Rise 2.9% in May

Sales of newly built, single-family homes in May rose 2.9% to a seasonally adjusted annual rate of 610,000 units after an upwardly revised April reading, according to newly released data from HUD and the Census Bureau.

Continue Reading »

NAHB Construction Forecast: Clear Skies, Chance of Headwinds

Filed in Economics, Education by on June 22, 2017 0 Comments
NAHB Construction Forecast: Clear Skies, Chance of Headwinds

Three experts offer their insights on the direction the housing industry will take through the end of the year — and a look at what to expect in 2018 and 2019 — in the exclusive NAHB Construction Forecast Webinar, now available for viewing on nahb.org.

Continue Reading »

New Maps Pinpoint Low-Income Housing Development Opportunities

New Maps Pinpoint Low-Income Housing Development Opportunities

NAHB has a new resource for industry professionals interested in providing homes for lower-income families and learning more about development and financing opportunities using the Low Income Housing Tax Credit.

Continue Reading »

Advertisement