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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New Single-Family Homes are Getting Smaller

Filed in Economics, Housing Trends by on November 25, 2019 0 Comments
New Single-Family Homes are Getting Smaller

New single-family home size trended lower in the third quarter of 2019, a pattern from recent years that is likely to continue as builders add more entry-level homes into inventory and the custom market levels off, according to NAHB Chief Economist Robert Dietz.

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Construction Employment On the Rise Across Most of the Country

Filed in Economics by on November 25, 2019 0 Comments
Construction Employment On the Rise Across Most of the Country

The construction industry gained 10,000 jobs in October, according to the latest data from the U.S. Bureau of Labor Statistics. Nearly half of those jobs (4,600) were gained in Florida. New York, meanwhile, lost 3,000 construction jobs last month.

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HBA Skills-Building Event Attracts Future Workforce

Filed in Labor, Safety and Health by on November 22, 2019 0 Comments
HBA Skills-Building Event Attracts Future Workforce

Dallas Builders Association members face a familiar industry challenge. Members have too many job openings and too few qualified workers to fill them. To help motive and educate the next generation builders, the Dallas BA spearheaded a workforce development event at the Dallas Builders Show on Nov. 12.

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NAHB Podcast: Builders Should Drive Codes Development

Filed in Codes and Regulations, Economics by on November 22, 2019 1 Comment
NAHB Podcast: Builders Should Drive Codes Development

NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss the building codes development process with guest Anne Anderson of Green Mountain Engineering, an NAHB member and a voting member of the International Codes Council.

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Preventing Fatigue on the Jobsite Key to Worker Safety

Filed in Labor, Safety and Health by on November 22, 2019 0 Comments
Preventing Fatigue on the Jobsite Key to Worker Safety

According to a survey of employers and workers by the National Safety Council last year, 69% of workers are tired at work, increasing the risk of injuries and accidents on the job. As the days get shorter and colder, home builders should consider proactive steps to combat fatigue on the jobsite.

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“Building the Dream” Event Highlights Homeownership Gaps

Filed in Affordability by on November 22, 2019 0 Comments
“Building the Dream” Event Highlights Homeownership Gaps

Government officials and community stakeholders came together at NAHB’s recent kickoff of its “Building the Dream” series in Minneapolis to highlight how this crisis is being addressed at the local and state level to help bridge the gap for homeownership.

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National Flood Insurance Program Extended Through Dec. 20

Filed in Capitol Hill by on November 21, 2019 0 Comments
National Flood Insurance Program Extended Through Dec. 20

To prevent a government shutdown on Nov. 22, Congress has approved a continuing resolution that will keep the government funded for another month through Dec. 20. 

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Democratic Presidential Candidates Talk Housing Affordability

Filed in Affordability, Capitol Hill by on November 21, 2019 3 Comments
Democratic Presidential Candidates Talk Housing Affordability

Democratic presidential candidates cited the need to increase housing production to ease America’s affordability crisis during a nationally televised debate last night in Atlanta.

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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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