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
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 …
Read More »4 Residential Construction Trends Shaping the Industry
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 …
Read More »Design & Construction Week Goes Virtual for 2021
The National Association of Home Builders (NAHB) and the National Kitchen & Bath Association (NKBA) announced that the eighth annual Design & Construction Week featuring NAHB’s International Builders’ Show® (IBS) and NKBA’s Kitchen & Bath Industry Show® (KBIS) will be …
Read More »How Housing Could Lead an Economic Rebound
As news hit that the U.S. gross domestic product—a measurement of the production of goods and services—contracted 32.9 percent in the second quarter of 2020, the National Association of Home Builders (NAHB) reports housing could be on the frontlines of …
Read More »3 Expert Views on COVID-19’s Home Improvement Impact
Summertime in North America is traditionally a season of momentum for the home improvement industry. Construction crews take advantage of warm weather to build new homes and offices. Families spend more time outdoors, discovering small projects—a doorknob to replace, pavers …
Read More »April Homebuilder Confidence Falls to Historic Low
The National Association of Home Builders (NAHB) has released new data outlining the effect COVID-19 has had on U.S. construction crews. The latest NAHB/Wells Fargo Housing Market Index (HMI) shows builder confidence fell 42 points in April to 30. Any …
Read More »Residential Construction Struggles With Labor Shortage
A new report from radio program Marketplace says homebuilders are continuing to struggle with a labor shortage that has stalled construction of new homes. Some 1.5 million homebuilding and remodeling jobs disappeared after the Great Recession, but the industry has …
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