Tag: economics

Trade Concerns Dampen Positive Housing Demand

Filed in Business Management, Economics by on April 16, 2018 1 Comment
Trade Concerns Dampen Positive Housing Demand

Worries over trade-related impacts on the U.S. economy have proliferated throughout the housing industry. Most notably, tariffs on Canadian softwood lumber have triggered significant jumps in lumber prices.

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Construction Employment is Rising, but Not Fast Enough

Construction Employment is Rising, but Not Fast Enough

A recent comparison of employment data depicts a positive trend: The number of residential construction workers has steadily — though modestly — increased every year since 2011.

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Low Inventory Intensifies Housing Demand in 2018

Filed in Business Management, Economics by on March 29, 2018 0 Comments
Low Inventory Intensifies Housing Demand in 2018

A lack of existing home inventory continues to drive growth for residential construction and sustain strong home-builder confidence — now hovering near a two-decade high.

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2018 Sees the First of Several Rate Hikes

Filed in Economics by on March 22, 2018 0 Comments
2018 Sees the First of Several Rate Hikes

The Federal Reserve raised the federal funds rate this month. At least three rate hikes are expected this year, three more in 2019, and at least two in 2020.

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Starts and Sales Tell Two Tales

Filed in Economics by on March 1, 2018 0 Comments
Starts and Sales Tell Two Tales

While total housing starts posted strong gains in January, new home sales numbers were somewhat disappointing. NAHB Chief Economist Robert Dietz shares more insights in a recent overview of the housing industry.

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Home Shoppers, Start Your Engines – It Could Take a While

Filed in Economics, Homeownership by on February 15, 2018 1 Comment
Home Shoppers, Start Your Engines – It Could Take a While

A national poll conducted by NAHB found 61% of prospective home buyers have been trying to find a home to buy for at least three months. Those who were polled cited several reasons for their prolonged search.

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Driverless Cars Might Intersect with Housing Industry

Filed in Economics, Technology by on February 12, 2018 4 Comments
Driverless Cars Might Intersect with Housing Industry

Self-driving cars are becoming a reality, and a new NAHB survey shows how they could potentially impact prospective home buyers.

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Millennials Lead the Homeownership Resurgence

Filed in Economics, Homeownership by on February 6, 2018 0 Comments
Millennials Lead the Homeownership Resurgence

Momentum continues to build for the housing industry, as evidenced by recent news from the U.S. Census Bureau regarding homeownership.

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Softwood Lumber Outlook for 2018 Shaped by Wildfires, Tariffs

Filed in Business Management, Economics by on January 4, 2018 4 Comments
Softwood Lumber Outlook for 2018 Shaped by Wildfires, Tariffs

Prices closed out 2017 at or near record highs in most areas of the country, making the average price for the year the highest in the last 20 years. What’s in store for 2018 is likely more of the same.

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2018 Could Bring More of the Same: Tight Labor and Costly Materials

Filed in Economics by on December 14, 2017 0 Comments
2018 Could Bring More of the Same: Tight Labor and Costly Materials

NAHB Chief Economist Robert Dietz provides a brief summary of the challenges builders faced in 2017, and describes the impacts of hefty tariffs on Canadian softwood lumber.

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