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Construction Headwinds Pick Up in January

Filed in Economics by on February 18, 2021 3 Comments
Construction Headwinds Pick Up in January

Housing production softened in January as rising lumber prices continue to affect the housing industry. Overall housing starts decreased 6.0% to a seasonally adjusted annual rate of 1.58 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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Podcast: Lumber Issue Heats Up, Hurts Affordability

Filed in Housing Affordability by on February 17, 2021 2 Comments
Podcast: Lumber Issue Heats Up, Hurts Affordability

On the latest episode of the NAHB podcast, Housing Developments, CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss the biggest headwind facing home building: Skyrocketing lumber prices.

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Builder Confidence: High Demand Offsets Higher Costs – For Now

Filed in Economics by on February 17, 2021 17 Comments
Builder Confidence: High Demand Offsets Higher Costs – For Now

Strong buyer demand helped offset supply chain challenges and a surge in lumber prices as builder confidence in the market for newly built single-family homes inched up one point to 84 in February, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today.

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Residential Remodeling Fully Recovered from the Beginning of COVID-19

Filed in IBS, Remodeling by on February 12, 2021 4 Comments
Residential Remodeling Fully Recovered from the Beginning of COVID-19

Spending on residential improvements will continue to grow at a healthy pace over the next two years, according to experts speaking at an online press conference hosted by NAHB Remodelers during the 2021 IBSx.

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Podcast: Mayor of Colorado Springs Discusses Importance of Residential Construction

Filed in Advocacy by on February 12, 2021 0 Comments
Podcast: Mayor of Colorado Springs Discusses Importance of Residential Construction

On a special episode of NAHB’s podcast Housing Developments, CEO Jerry Howard and Chief Lobbyist Jim Tobin record for the first time in front of a live, virtual audience as part of IBSx. The co-hosts were joined by the Mayor of Colorado Springs John Suthers to discuss the importance of residential construction on the local economy and workforce development.

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Final Day of IBSx to Deliver Even More Insightful Programming

Filed in IBS by on February 12, 2021 0 Comments
Final Day of IBSx to Deliver Even More Insightful Programming

As we kick off the final day of IBSx, get ready for several more opportunities to build your knowledge and expand your network. Friday’s schedule features an exciting lineup of educational programming, demonstrations, Shop Talks and our final two Game Changers sessions.

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NAHB Announces Top Sustainable and Green Building Trends and Features in Homes

Filed in Economics, Sustainability and Green Building, Trends by on February 11, 2021 2 Comments
NAHB Announces Top Sustainable and Green Building Trends and Features in Homes

Energy efficiency is a primary driver in home buyer preferences, according to research from NAHB revealed today during a press conference held in conjunction with the 2021 IBSx.

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Multifamily Housing Down in 2021 but Will Rebound in 2022

Filed in IBS, Multifamily by on February 11, 2021 0 Comments
Multifamily Housing Down in 2021 but Will Rebound in 2022

Regulatory and supply-side challenges coupled with slowing rent growth and rising vacancy rates will weaken the multifamily construction market in 2021. However, the development market should stabilize by 2022, according to NAHB economists who participated in an online press conference as part of the 2021 International Builders’ Show® virtual experience (IBSx).

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Don’t-Miss Events for IBSx Day 2

Filed in IBS by on February 10, 2021 0 Comments
Don’t-Miss Events for IBSx Day 2

The IBSx Virtual Experience continues with informative and engaging programming this afternoon and evening, including a live taping of NAHB’s popular Housing Developments podcast at 6 p.m. ET.

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NAHB Identifies Top Features and Design Trends for 2021 in the Wake of COVID-19

Filed in Design, Economics, Trends by on February 10, 2021 6 Comments
NAHB Identifies Top Features and Design Trends for 2021 in the Wake of COVID-19

After declining for four years, a number of key trends — including the average size of the home and the number of bedrooms and bathrooms — reversed course in 2020 as a result of shifting buyer preferences in the wake of COVID-19.

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