News
Multifamily Production at a Two-Year High as Single-Family Starts Remain Firm
Despite production bottlenecks and rising construction costs, total housing starts, led by a strong multifamily reading posted a solid gain in February as demand stays strong and existing…
New Single-Family Home Size Continues to Grow
As people continue to use their homes for more purposes during the pandemic, including work, more residential space is needed. Recent data confirm this impact on the market continues to occur.…
Multifamily Construction Sentiment Ends Fourth Quarter on Positive Note
Confidence in the market for new multifamily housing improved in the fourth quarter of 2021, according to results from the Multifamily Market Survey (MMS) released today by NAHB. The MMS produces…
Townhouse Construction Surged in 2021
Townhouse construction jumped 28.1% in 2021, according to NAHB analysis of the most recent Census data. Medium-density construction lagged for much of 2020, with …
What’s Driving Outdoor Living Trends?
Outdoor living has been propelled to the top of home owner wish lists and, subsequently, has become a top priority for architects and design professionals focused on residential design.
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5 Remodeling Projects Expected to Boom in 2022
As the pandemic continues, home owners are encouraged to spend more time indoors — so get ready for more remodel requests.
Here are five projects that loom large on many wish lists. Some…
Remodeler Sentiment Continues to Improve Year-over-Year
The NAHB/Royal Building Products Remodeling Market Index (RMI) for the fourth quarter posted a reading of 83, up four points from the fourth quarter of 2020. The finding is a signal of residential…
Elevated Inflation and Higher Interest Rates in 2022
For the first time since the early 1980s, the U.S. economy is experiencing a period of elevated inflation. Because of supply-chain issues attributable to the pandemic and a significant rise in…
Latest Wave of Rising Lumber Prices Adds More than $18,600 to the Price of a New Home
Following a few months of moderating prices last spring and summer, lumber prices are soaring once again, disrupting the housing market and harming housing affordability.
Over the past…