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Tag Archives: NAHB

New and Existing Housing Sales Drop in September

housing sales

With rising mortgage rates approaching 7% and high construction costs, new home sales dropped by double digits in September. The National Association of Home Builders (NAHB) reported that sales of newly built, single-family homes fell 10.9% in September, according to …

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U.S. Adds 390,000 Jobs in May

jobs may

While the unemployment rate remained unchanged at 3.6% in May, 390,000 jobs were added to the U.S. economy even in light of increasing inflation, ongoing supply chain issues and predictions of an upcoming recession. The number of jobs added in …

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Inflation Impacting Housing Affordability

housing affordability

In a recent e-newsletter, National Association of Home Builders (NAHB) chief economist Robert Dietz shared his insights on the current and future economy and provided housing market updates. The rising mortgage interest rates and stricter policies from the Federal Reserve …

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Demand for Housing Affordability Rises

According to a survey conducted by the polling firm Morning Consult on behalf of the National Association of Home Builders (NAHB), 82 percent of Americans agree that policymakers should factor in housing affordability when considering new legislation and regulations. With …

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Porches Gain Popularity With Homeowners

Black rocking chairs on a front porch

A place for sitting, sipping and spending time together, a home’s porch offers additional living space and provides a spot for homeowners to enjoy time outdoors. The Survey of Construction, conducted by the U.S. Census Bureau, found that 65 percent …

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NAHB Chairman Urges Congress to Boost Lumber Production

NAHB lumber production

The National Association of Home Builders‘ (NAHB) chairman Chuck Fowke called on Congress to increase domestic lumber production from federal lands to address the resilience of national forests, resolve lumber supply shortages, rein in elevated prices and improve housing affordability. …

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Product Shortages Causing Builders to Raise Prices, Preorder

building materials

It’s no secret that building materials are in short supply and the price of lumber and other supplies has increased significantly. In May 2021, the National Association of Home Builders (NAHB) surveyed builders in its annual Housing Market Index. Builders …

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4 Residential Construction Trends Shaping the Industry

residential construction trends

Understanding major residential construction trends in the U.S. can help your business anticipate pro and DIY needs. As rising material costs and home prices impact the market, take a look at new research compiled from the National Association of Home …

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