NAHB

As the National Association of Home Builders (NAHB) celebrates Careers in Construction Month in October, builders around the country are seeking skilled craftsmen to help them build the American Dream.

Sales of newly built, single-family homes fell 7.6 percent in August from an upwardly revised July reading to a seasonally adjusted annual rate of 609,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This marks the second consecutive month that sales have topped a 600,000 annual pace since the Great Recession.

The National Association of Home Builders (NAHB) today commended Sen. Ron Wyden (D-Ore.) for introducing the Middle-Income Housing Tax Credit Act of 2016. The legislation builds on the successful Low-Income Housing Tax Credit (LIHTC) by creating a new tax credit to spur the development of rental homes affordable to Americans with moderate incomes

The National Association of Home Builders (NAHB) today urged Congress to oppose the inappropriate use of the Endangered Species Act (ESA) to change the focus of the National Flood Insurance Program (NFIP) away from protecting lives and property due to flooding loss

Nationwide housing starts fell 5.8 percent to a seasonally adjusted annual rate of 1.14 million units in August, according to newly released data from the U.S. Housing and Urban Development and the Commerce Department. Overall permit issuance edged 0.4 percent lower.

Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., issued the following statement following the release of a Senate report stating that new federal regulations defining “waters of the U.S.” represent extreme overreach of federal authority.

Builder confidence in the market for newly built, single-family homes in September jumped six points to 65 from a downwardly revised August reading of 59 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. This marks the highest HMI level since October 2015.

For the first time in its 74-year history, the National Association of Home Builders (NAHB) is officially endorsing candidates for the U.S. House and Senate in the upcoming Nov. 8 elections. “As housing goes, so goes the economy,” said NAHB Chairman Ed Brady, a home builder and developer from Bloomington, Ill. “This election could determine if the housing and economic recovery stays on track or veers off course. The incumbents and candidates from both political parties that NAHB will be endorsing have all exhibited a commitment to advance policies that will promote homeownership and rental housing opportunities for all Americans.”

Members of the National Association of Home Builders are celebrating Professional Women in Building (PWB) Week Sept. 12 – 16. The goals of PWB Week are to highlight the many contributions women make to the residential construction industry and offer an opportunity for PWB members to share the value of council membership

U.S. home builders today completed four days of talks with Chilean government, trade and industry officials that are geared toward increasing exports of softwood lumber and other wood products to America.

The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB) fell slightly in the second quarter of 2016, dropping three points to 50. This is the 18th consecutive reading of 50 or above

Sales of newly built, single-family homes rose 12.4 percent in July from a downwardly revised June reading to a seasonally adjusted annual rate of 654,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the highest reading in almost nine years.

Following its first-ever call for abstracts for its Building Innovation Conference Series, the National Institute of Building Sciences has developed a program schedule to engage the entire building community and foster collaboration during Building Innovation 2017: The Institute’s Fifth Annual Conference and Expo, to be held January 9-12, 2017, at the Mandarin Oriental in Washington, D.C.

Nationwide housing starts rose 2.1 percent in July to a seasonally adjusted annual rate of 1.21 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. This is the highest reading since February. Multifamily housing was up 5 percent to a seasonally adjusted annual rate of 441,000 units in July while single-family production edged up 0.5 percent to 770,000 units

Builder confidence in the market for newly constructed single-family homes  in August rose two points to 60 from a downwardly revised reading of 58 in July on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Associated Builders and Contractors (ABC) Chief Economist Anirban Basu, American Institute of Architects (AIA) Chief Economist Kermit Baker and National Association of Home Builders (NAHB) Chief Economist Robert Dietz predicted continued growth for the construction industry in 2017 during a joint economic forecast today

Solid home price appreciation more than offset a modest reduction in mortgage interest rates to push housing affordability lower in the second quarter of 2016, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) released today.

Republican presidential candidate Donald Trump today vowed to cut regulations that are hurting the housing and economic recovery. Speaking before the National Association of Home Builders (NAHB) Board of Directors at their Midyear Meeting in Miami, Trump said that overregulation is costing the economy $2 trillion per year.

Gene Sperling, a top economic advisor to Democratic presidential candidate Hillary Clinton, today said that housing will play an important role in a Clinton administration.

Markets in 146 of the approximately 340 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the second quarter of 2016, according to the NAHB/First American Leading Markets Index (LMI) released today. This represents a year-over-year net gain of 66 markets