News
Builder Confidence Underwater After Falling for Eighth Consecutive Month
Builder confidence fell for the eighth straight month in August as elevated interest rates, ongoing supply chain problems and high home prices continue to exacerbate housing affordability…
Housing Affordability Falls to Lowest Level Since Great Recession
Rising mortgage rates, high inflation, low existing inventory and elevated home prices contributed to housing affordability falling to its lowest point since the Great Recession in the second…
Making Use of Existing Structures to Increase Housing Supply
Covid has left a lasting mark on virtually everything it has touched in the past two years — not least of which is the concept of remote work, which has had a drastic impact on the commercial real…
Share of Active Home Buyers is Up as Competition Decreases
The share of prospective home …
Sens. Thune, Menendez Urge Administration to Act on Lumber Tariffs
With the strong support of NAHB, Sens. John Thune (R-S.D.) and Bob Menendez (D-N.J.) on July 18 sent a letter to U.S. Commerce Secretary Gina Raimondo and U.S. Trade Representative Katherine Tai…
Completion Time of Multifamily Projects Keeps Getting Longer
Time is money for most businesses, and that is especially true in residential construction. In addition to the …
Residential Construction Community in Illinois Rebuilds Home for Family in Need
Severe weather across the country destroys homes in its path. Families not only lose their homes and their personal belongings; the entire community struggles to restore their livelihoods.
…
New Home Sales Increase in May Before Fed June Rate Rise
After posting four consecutive monthly declines on rising mortgage rates and worsening affordability conditions, new home sales posted a solid gain in May as some buyers rushed into the market in…
New Research Shows Regulations Account for 40.6 Percent of Apartment Development Costs
Regulation imposed by all levels of government accounts for an average of 40.6 percent of multifamily development costs, according to …
Housing Crisis in the Spotlight at High-Level Meeting in Washington
At a meeting today hosted by NAHB and the U.S. Department of Housing and Urban Development (HUD), NAHB Chairman Jerry Konter set the tone for the conversation by noting that “housing affordability…