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Video: NAHB Chairman Details Lumber Victories, Ongoing Work Ahead

Filed in Material Costs, Membership by on August 2, 2021 1 Comment
Video: NAHB Chairman Details Lumber Victories, Ongoing Work Ahead

In the August Chairman’s Update with NAHB Chairman Chuck Fowke, members learn about recent victories NAHB achieved in the lumber and supply chain arena.

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New Home Sales Fall in June as Supply-Chain Challenges Remain

Filed in Economics by on July 26, 2021 6 Comments
New Home Sales Fall in June as Supply-Chain Challenges Remain

Sales of newly built, single-family homes fell 6.6% in June to a 676,000 seasonally adjusted annual rate, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The June number follows downward revisions to the May estimate and marks the lowest rate since April 2020.

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Resources for Renters, Landlords as CDC Eviction Moratorium Expires

Filed in Disaster Response, Membership, Multifamily by on July 23, 2021 0 Comments
Resources for Renters, Landlords as CDC Eviction Moratorium Expires

The upcoming expiration of the eviction moratorium order mandated by the Centers for Disease Control and Prevention (CDC) is putting a renewed emphasis on the resources available to ensure those impacted by the COVID-19 pandemic are able to remain in their homes.

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How to Tackle Your Labor Needs with Temporary Worker Programs

Filed in Workforce Development by on July 21, 2021 0 Comments
How to Tackle Your Labor Needs with Temporary Worker Programs

As the construction industry continues to grapple with labor shortages, NAHB will host a webinar on Aug. 4 to provide insight on navigating the complex world of U.S. immigration law to help meet your labor needs.

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Housing Starts Increase in June but Supply-Side Issues Linger

Filed in Economics, Trends by on July 20, 2021 5 Comments
Housing Starts Increase in June but Supply-Side Issues Linger

Overall housing starts increased 6.3% in June to a seasonally adjusted annual rate of 1.64 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Despite the increase in housing production, there is concern over weakening permit numbers for both the single-family and multifamily markets.

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Builder Confidence Edges Lower as Material Challenges Persist

Filed in Economics, Trends by on July 19, 2021 27 Comments
Builder Confidence Edges Lower as Material Challenges Persist

Strong buyer demand helped to offset supply-side challenges relating to building materials, regulation and labor as builder confidence in the market for newly built single-family homes inched down one point to 80 in July, according to the NAHB/Wells Fargo Housing Market Index (HMI) released today.

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At NAHB’s Urging, White House Holds Supply Chain Summit

At NAHB’s Urging, White House Holds Supply Chain Summit

NAHB’s tireless efforts to engage the White House to convene a home building materials supply chain summit to seek out solutions to end production bottlenecks that have resulted in soaring material prices has borne fruit.

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NAHB Connect Celebrates One Year of Virtual Community

Filed in Membership by on July 16, 2021 1 Comment
NAHB Connect Celebrates One Year of Virtual Community

Beginning today, NAHB is hosting a month-long virtual celebration of its online member community NAHB Connect.

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Bill Owens Seeks Certification as Candidate for NAHB 2023 Third Vice Chair

Filed in Membership by on July 16, 2021 2 Comments

The NAHB Nominations Committee has announced that William W. “Bill” Owens, president of Owens Construction Contracting Co. in Worthington, Ohio, submitted his Letter of Intent to seek certification as a candidate for NAHB 2023 Third Vice Chairman at the 2022 International Builders’ Show meetings.

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Remodeling Industry Confidence Improves Year over Year

Filed in Economics, Remodeling by on July 15, 2021 0 Comments
Remodeling Industry Confidence Improves Year over Year

The NAHB/Royal Building Products Remodeling Market Index (RMI) for the second quarter posted a reading of 87, up 14 points from the second quarter of 2020. The finding is a signal of residential remodelers’ confidence in their markets, for projects of all sizes.

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