Multifamily Permits Increase in February

Filed in Economics, Multifamily by on April 16, 2021 0 Comments
Multifamily Permits Increase in February

Multifamily permits were robust across the country in February compared to last year, from a large gain in the West (22%) to a modest 5.4% increase in the Midwest.

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Housing Starts Spring Forward in March

Filed in Economics by on April 16, 2021 0 Comments
Housing Starts Spring Forward in March

Housing production rebounded in March as buyer demand remains solid due to low mortgage interest rates. Overall housing starts increased 19.4% to a seasonally adjusted annual rate of 1.74 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This was the fastest pace for combined single-family and multifamily construction since June 2006.

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Bipartisan Low-Income Housing Tax Credit Legislation Introduced in House and Senate

Bipartisan Low-Income Housing Tax Credit Legislation Introduced in House and Senate

The House and Senate today each introduced identical bipartisan bills supported by NAHB that will improve and strengthen the Low-Income Housing Tax Credit.

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NAHB Senior Officers Bring a Housing Agenda to Capitol Hill

NAHB Senior Officers Bring a Housing Agenda to Capitol Hill

NAHB Chairman Chuck Fowke and First Vice Chairman Jerry Konter recently conducted virtual and in-person meetings with congressional leaders to urge them to keep housing in the forefront of the national agenda.

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There’s Still Time to Apply to Help Shape the Next ICC Energy Code

Filed in Codes and Standards by on April 15, 2021 0 Comments
There’s Still Time to Apply to Help Shape the Next ICC Energy Code

NAHB is encouraging members to apply to two new committees created by the ICC that will be pivotal in the creation of future International Energy Conservation Codes (IECC). Apply by April 23.

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Builder Confidence Edges Up as Strong Demand Offsets Supply-Side Challenges

Filed in Economics, Trends by on April 15, 2021 7 Comments
Builder Confidence Edges Up as Strong Demand Offsets Supply-Side Challenges

Strong buyer demand pushed builder confidence up in April even as builders continued to grapple with rising lumber prices and supply chain issues and consumers faced higher home prices due to a lack inventory. The latest NAHB/Wells Fargo Housing Market Index (HMI) released today shows that builder confidence in the market for newly built single-family homes rose one point to 83 in April.

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Strong Single-Family Permit Gains to Start the Year

Filed in Economics by on April 14, 2021 0 Comments
Strong Single-Family Permit Gains to Start the Year

The total number of single-family permits issued year-to-date (YTD) nationwide reached 164,901 — a 16.6% increase over February 2020.

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Are Your Kitchens Peppered with the Latest Trends?

Filed in Design, Education, IBS by on April 14, 2021 0 Comments
Are Your Kitchens Peppered with the Latest Trends?

Learn how to design show-stopper kitchens during the upcoming webinar, “The 2021 Kitchen: Floor Plans, Finishes & Design Details that Make a Kitchen Pop,” on Wednesday, April 21, from 2–3 p.m. ET.

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Top Remodelers Raise the Bar of Aging-in-Place and Universal Design

Filed in Awards, Design, Remodeling by on April 14, 2021 0 Comments
Top Remodelers Raise the Bar of Aging-in-Place and Universal Design

Aging-in-place and universal design projects continue to become more popular — and more impressive. To recognize exceptional remodeling projects that encompass these design techniques, NAHB Remodelers recently announced the winners of its annual Homes for Life awards.

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Minority Households Face Housing Affordability Challenges

Filed in Economics, Housing Affordability, Trends by on April 13, 2021 0 Comments
Minority Households Face Housing Affordability Challenges

New NAHB analysis on housing affordability based on race and ethnicity shows a wide disparity regarding the number of households that can afford a new median priced home.

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