Housing Affordability

Housing Affordability Constraints are Rising

Filed in Economics, Housing Affordability, Material Costs by on March 8, 2021 1 Comment
Housing Affordability Constraints are Rising

The housing industry is being squeezed. While the sector was the bright spot of the economy for 2020 and possesses considerable momentum at the start of 2021, a number of external factors are restraining the industry as well as the nation’s overall economic recovery.

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NAHB Strongly Opposes Anti-Business Labor Bill

Filed in Advocacy, Housing Affordability, Labor by on March 4, 2021 0 Comments
NAHB Strongly Opposes Anti-Business Labor Bill

NAHB strongly opposes House legislation that contains dozens of sweeping labor law revisions that would negatively affect the construction labor market at a time of critical skilled worker shortages.

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How Rising Lumber Prices Impact More Than Just Home Builders

How Rising Lumber Prices Impact More Than Just Home Builders

The fast price escalation in lumber is having far-reaching consequences throughout the industry, and prohibiting home builders and partner organizations from providing much-needed housing to families across the country.

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FHFA Authorizes More than $1 Billion for Affordable Housing Funds

FHFA Authorizes More than $1 Billion for Affordable Housing Funds

The Federal Housing Finance Agency (FHFA) announced today a $1.09 billion disbursement for Fannie Mae and Freddie Mac affordable housing allocations for 2020. This is the largest amount ever disbursed and more than double what was provided last year.

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New Priced Out Study Highlights the Housing Affordability Crisis

Filed in Economics, Housing Affordability by on March 1, 2021 0 Comments
New Priced Out Study Highlights the Housing Affordability Crisis

A new study by NAHB puts a spotlight on the nation’s housing affordability crisis and illustrates how even a relatively small increase in the price of a home can prevent hundreds of thousands of households from achieving the goal of homeownership.

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NAHB Fund Helps HBAs Advocate for Housing Affordability

Filed in Advocacy, Housing Affordability by on February 26, 2021 0 Comments
NAHB Fund Helps HBAs Advocate for Housing Affordability

Four HBAs were recently selected to receive financial assistance to overcome local housing affordability challenges.

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Can High-Performance Building Strategies Decrease Lumber Demand?

Can High-Performance Building Strategies Decrease Lumber Demand?

Solving the lumber crisis is a critical priority for NAHB, particularly because of housing affordability implications. Potential solutions that use high-performance building strategies can reduce the amount of lumber needed to build a home and reduce the demand on the timber industry.

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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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Rising Lumber Prices and Lack of Supply Threaten Consumers’ Housing Options

Filed in Advocacy, Housing Affordability, Material Costs by on February 16, 2021 8 Comments
Rising Lumber Prices and Lack of Supply Threaten Consumers’ Housing Options

Housing affordability has been a critical issue across the country for years, as factors such as a shortage of lots and labor have led to a limited supply. As lumber prices once again approach all-time highs amid a supply shortage, this crisis only gets worse, as housing prices continue to soar and builders face challenges to meet ongoing housing demands.

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Record-High Lumber Prices are Hammering Housing Affordability

Filed in Advocacy, Housing Affordability, Material Costs by on February 12, 2021 31 Comments
Record-High Lumber Prices are Hammering Housing Affordability

Soaring lumber prices are adding thousands of dollars to the cost of a new home, pricing out millions of potential home buyers and impeding the residential construction sector from moving the economy forward, according to NAHB.

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