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Multifamily Construction Sentiment Improves in Third Quarter, Despite Headwinds

Filed in Economics, Multifamily by on November 18, 2021 0 Comments
Multifamily Construction Sentiment Improves in Third Quarter, Despite Headwinds

Confidence in the market for new multifamily housing improved in the third quarter, according to results from the Multifamily Market Survey (MMS) released today by NAHB.

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Podcast: 2022 IBS Spotlights Innovation and Top Trends

Filed in IBS by on November 17, 2021 0 Comments
Podcast: 2022 IBS Spotlights Innovation and Top Trends

On the latest episode of NAHB’s Housing Developments podcast, NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin are joined by NAHB Past President and current Meeting and Conventions Chair Rick Judson to discuss the upcoming International Builders’ Show (IBS).

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Supply-Side Disruptions Push Single-Family Production Down in October

Filed in Economics, Material Costs, Multifamily by on November 17, 2021 3 Comments
Supply-Side Disruptions Push Single-Family Production Down in October

Single-family housing production lagged in October due to supply-chain effects for materials and ongoing access issues for labor and lots. Overall housing starts decreased 0.7% to a seasonally adjusted annual rate of 1.52 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

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Builder Confidence Up on Strong Demand Even as Supply Side Challenges Persist

Filed in Economics by on November 16, 2021 20 Comments
Builder Confidence Up on Strong Demand Even as Supply Side Challenges Persist

Low existing inventories and strong buyer demand helped push builder confidence higher for the third consecutive month even as supply-side challenges — including building material bottlenecks and lot and labor shortages — remain stubbornly persistent.

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FHA’s MMIF Capital Reserves Continue to Climb in Fiscal 2021

Filed in Housing Finance by on November 15, 2021 0 Comments
FHA’s MMIF Capital Reserves Continue to Climb in Fiscal 2021

The Federal Housing Administration (FHA) today released its annual report to Congress that shows the agency’s capital reserve ratio of its Mutual Mortgage Insurance Fund (MMI Fund) ended the fiscal year at 8.03% — an increase of 1.93 percentage points over fiscal 2020.

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Housing Affordability Holds Steady but Supply-Side Challenges Persist

Filed in Economics, Housing Affordability, Trends by on November 11, 2021 4 Comments
Housing Affordability Holds Steady but Supply-Side Challenges Persist

Lansing-East Lansing, Mich., is the nation’s most affordable major housing market while Los Angeles-Long Beach-Glendale, Calif., is the least affordable major housing market.

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Podcast: Supply Chain, Infrastructure and Climate Change Dominate Headlines

Filed in Advocacy, Housing Affordability, Material Costs by on November 10, 2021 0 Comments
Podcast: Supply Chain, Infrastructure and Climate Change Dominate Headlines

Hear the latest on the supply chain crisis, the infrastructure bill, and the results from the recent Virginia and New Jersey elections. Plus, NAHB CEO Jerry Howard and Immediate Past Chair Greg Ugalde give an update on their time at the 2021 United Nations Climate Change Conference (COP26) in Glasgow, Scotland, to advocate on behalf of the housing industry.  

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Join NAHB for a Free Webinar on 2021 Energy Code Changes

Filed in Codes and Standards, Education by on November 9, 2021 2 Comments
Join NAHB for a Free Webinar on 2021 Energy Code Changes

On Wednesday, Nov. 17, NAHB is hosting a webinar free to members that covers the significant changes to the International Energy Conservation Code in its 2021 edition.

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New HBI Report Shows Labor Shortage Weakening Housing Supply, Affordability

Filed in Workforce Development by on November 4, 2021 3 Comments
New HBI Report Shows Labor Shortage Weakening Housing Supply, Affordability

A lack of skilled construction labor is a key limiting factor for improving housing inventory and affordability, according to the Home Builders Institute (HBI’s) Fall 2021 Construction Labor Market Report released today.

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NAHB Chairman Chuck Fowke Named Florida Builder of the Year

Filed in Membership by on November 3, 2021 0 Comments
NAHB Chairman Chuck Fowke Named Florida Builder of the Year

NAHB Chairman Chuck Fowke received the Florida Home Builders Association (FHBA) Builder of the Year Award on Oct. 29, recognizing his leadership and expertise in the field.

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