Material Costs

Regulatory Costs Add a Whopping $93,870 to New Home Prices

Regulatory Costs Add a Whopping $93,870 to New Home Prices

Regulations imposed by all levels of government account for $93,870, or 23.8% of the current average sales price ($397,300) of a new single-family home, according to a new study by NAHB.

Continue Reading »

Collaboration Between Builders and Appraisers Key to Navigating Rising Lumber Prices, Freddie Mac Says

Filed in Advocacy, Housing Finance, Material Costs by on May 3, 2021 9 Comments
Collaboration Between Builders and Appraisers Key to Navigating Rising Lumber Prices, Freddie Mac Says

As lumber prices continue to rise, home builders face challenges selling homes that accurately reflect the increased costs of construction. Collaboration between builders and appraisers can help mitigate issues.

Continue Reading »

NAHB Undercuts Lumber Coalition Arguments

Filed in Advocacy, Housing Affordability, Material Costs by on April 30, 2021 2 Comments
NAHB Undercuts Lumber Coalition Arguments

NAHB responded to a recent article by the U.S. Lumber Coalition appearing in Woodworking Network that attacked the association’s stance on lumber prices and import duties. In a forceful rebuttal, NAHB sets the record straight. 

Continue Reading »

NAHB Continues to Engage the Administration, Congress on Lumber

Filed in Advocacy, Housing Affordability, Material Costs by on April 30, 2021 4 Comments
NAHB Continues to Engage the Administration, Congress on Lumber

NAHB CEO Jerry Howard and senior NAHB staff on April 29 held a productive virtual meeting with White House staff from the Domestic Policy Council, National Economic Council and the Office of the Vice President.

Continue Reading »

Two Upcoming Webinars Explore Alternatives to Lumber in Home Building

Filed in Advocacy, Education, Material Costs by on April 28, 2021 9 Comments
Two Upcoming Webinars Explore Alternatives to Lumber in Home Building

With the price of lumber reaching all-time highs and no immediate relief in sight, NAHB Education has scheduled two free webinars that will explore alternatives to wood-framed homes.

Continue Reading »

Skyrocketing Lumber Prices Add Nearly $36,000 to the Price of a New Home

Skyrocketing Lumber Prices Add Nearly $36,000 to the Price of a New Home

Soaring lumber prices that have tripled over the past 12 months has caused the price of an average new single-family home to increase by $35,872, according to new analysis by the NAHB Economics team. This lumber price hike has also added nearly $13,000 to the market value of an average new multifamily home, which translates into households paying $119 a month more to rent a new apartment.

Continue Reading »

How Builders are Dealing with Rising Lumber Prices

How Builders are Dealing with Rising Lumber Prices

NAHB recently asked builders about their reactions to the rising and volatile lumber prices in its April 2021 survey for the NAHB/Wells Fargo Housing Market Index (HMI).

Continue Reading »

Podcast: Emerging Legislation That Could Impact Housing

Filed in Advocacy, Material Costs, Workforce Development by on April 21, 2021 0 Comments
Podcast: Emerging Legislation That Could Impact Housing

On the latest episode of NAHB’s Housing Developments podcast, CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss some of the legislation that Congress is likely to consider this session, including the full Low Income Housing Tax Credit bill that NAHB has championed, the fate of the filibuster, immigration and a possible expansion of the Supreme Court.

Continue Reading »

Bringing Housing Home: Rising Lumber Prices Tops the Agenda

Bringing Housing Home: Rising Lumber Prices Tops the Agenda

Bringing Housing Home®, the premier grassroots event of the year, will take place during the week of May 3. Every NAHB member is encouraged to meet with U.S. representatives and senators in their home districts.

Continue Reading »

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.

Continue Reading »