Statement from NAHB Chairman Ed Brady on Ben Carson’s Nomination as HUD Secretary
Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., today issued the following statement regarding President-elect Trump’s announcement to nominate Dr. Ben Carson as the next secretary of the Department of Housing and Urban Development
New Home Sales Down 1.9 Percent in October
Sales of newly built, single-family homes fell 1.9 percent in October from a downwardly revised September reading to a seasonally adjusted annual rate of 563,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Housing Starts Jump 25.5 Percent in October
Led by impressive gains in both single-family and multifamily production, nationwide housing starts surged 25.5 percent in October to a seasonally adjusted annual rate of 1.32 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Single-family starts reached their highest level since October 2007 while multifamily production jumped 68.8 percent from the previous month.
Apartment and Condominium Market Posts Positive Gains in the Third Quarter
The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), posted a gain of three points to 53 in the third quarter. The MPI has been at 50 or above since the beginning of 2012.
Builder Confidence Holds Firm in November
Builder confidence in the market for newly-built single-family homes held steady in November at a level of 63 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
NAHB Congratulates Donald Trump on his Election as President of the United States
Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., issued the following statement on Tuesday’s national elections
The International Housing Association Supports Social Housing Needs Globally
The International Housing Association (IHA) pledged its support to address social housing needs during its 2016 Interim Meeting last week in Durban, South Africa. The group aims to advance the housing industry globally, and through this official pledge, actively contribute to addressing the social housing needs in members’ individual countries and around the world.
Housing Recovery Continues at Modest Pace
Markets in 162 of the approximately 340 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the third quarter of 2016, according to the National Association of Home Builders/First American Leading Markets Index (LMI) released today. This represents a year-over-year net gain of 73 markets.
NAHB Mourns the Loss of Steve Gallagher
Steve Gallagher, Vice President of Intergovernmental Affairs for the National Association of Home Builders (NAHB), passed away after a medical emergency on Nov. 1. “Steve was respected on both sides of the aisle by policymakers from city governments to the White House,” said NAHB Chief Executive Officer Jerry Howard.
55+ Housing Market Has Strong Third Quarter Showing
Builders report that the single-family 55+ housing market is holding strong in the third quarter, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) released today. The index had a reading of 59, up two points from the previous quarter and the 10th consecutive quarter with a reading above 50
Statement from NAHB Chairman Ed Brady on Legal Challenge to Waters of the U.S....
Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., issued the following statement after the association and its industry partners presented their first brief to the U.S. Court of Appeals for the Sixth Circuit challenging the Waters of the U.S. rule
Statement from NAHB Chairman Ed Brady on HUD Floodplain Management Plan
Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., today issued the following statement on the U.S. Department of Housing and Urban Development’s proposed regulations regarding floodplain management
NAHB Announces Best of 55+ Housing Awards Finalists
The National Association of Home Builders (NAHB) has announced the finalists for its 2017 Best of 55+ Housing Awards, the premier design and marketing competition for the 55+ housing industry. A total of 74 entries were chosen as finalists and are eligible for either a gold or silver award from NAHB's 55+ Housing Industry Council.
Statement from NAHB Chairman Ed Brady on House Waters of the U.S. Report
Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., issued the following statement on new findings released by the House Oversight and Government Reform Committee on the waters of the U.S. rulemaking process
NAHB Endorses More Than 135 Candidates for Congress
The National Association of Home Builders (NAHB) today released a list of 137 House and Senate candidates that the association is officially endorsing in the upcoming Nov. 8 elections
New Home Sales Continue Year-Long Upward Trend in September
Sales of newly built, single-family homes rose 3.1 percent in September from a downwardly revised August reading to a seasonally adjusted annual rate of 593,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
International Housing Association Meets with World Advocacy Leaders to Discuss Key Issues
Extending its dialogue on international housing policy, representatives from the International Housing Association (IHA) participated in Habitat III, the United Nations Conference on Housing and Sustainable Urban Development, where new global housing standards were set. The meeting took place Oct. 17-20 in Quito, Ecuador.
Global Housing Event Echoes NAHB’s Housing Agenda
Representatives from the National Association of Home Builders (NAHB) recently attended Habitat III, the United Nations Conference on Housing and Sustainable Urban Development, to share the association’s housing agenda and learn more about housing issues impacting countries across the world. The meeting, which drew thousands of people from across the globe, took place Oct. 17-20 in Quito, Ecuador
Housing Starts Decline 9 Percent in September on Multifamily Weakness
A sharp decline in multifamily production brought overall nationwide housing starts down 9 percent in September, according to newly released data from the U.S. Housing and Urban Development and the Commerce Department. However, both single-family production and overall permit issuance posted solid gains
Remodeling Market Optimism Strengthens in Third Quarter
The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 57 in the third quarter of 2016, an increase of four points from the previous quarter and also a return to levels seen consistently throughout 2015