NAHB
Housing Markets Continue Gradual Climb Back to Normal
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
Ed Easley to Lead NAHB’s Multifamily Leadership Board
The National Association of Home Builders (NAHB) announced that John “Ed” Easley, president of LMC Development, a Lennar Company, has been appointed chairman of NAHB’s Multifamily Leadership Board (MLB). Easley succeeds W. Dean Henry, CEO of Legacy Partners Residential
Second Quarter Results Show 55+ Housing Market Remains in Positive Territory
Builder confidence in the single-family 55+ housing market remains in positive territory in the second quarter with a reading of 57, up one point from the previous quarter, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) released today. This is the ninth consecutive quarter with a reading above 50.
NAHB Members Celebrate National Building Systems Week
Members of the National Association of Home Builders (NAHB) Building Systems Councils are celebrating Building Systems Week from August 1 -5. This week-long event aims to educate NAHB members and consumers on the advantages of systems-built homes as opposed to traditional stick building
2017 International Builders’ Show Registration Opens
The National Association of Home Builders (NAHB) officially opened online registration today for the 2017 NAHB International Builders’ Show® (IBS), the largest annual light construction trade show in the world.
New Home Sales Reach Highest Level Since February 2008
Sales of newly built, single-family homes rose 3.5 percent in June from an upwardly revised May reading to a seasonally adjusted annual rate of 592,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. New home sales are up 9.3 percent in the second quarter of 2016 from the first quarter.
Remodeling Market Index Holds Steady in Second Quarter
e National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 53 in the second quarter of 2016. Although it slipped one point from the previous quarter, it is still the 13th consecutive quarter with a reading above 50.
Housing Starts Rise 4.8 Percent in June
Nationwide housing starts rose 4.8 percent in June to a seasonally adjusted annual rate of 1.19 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Overall permit issuance increased 1.5 percent to a seasonally adjusted annual rate of 1.15 million.
Builder Confidence Holds Firm in July
Builder confidence in the market for newly built, single-family homes in July fell one point to 59 from a June reading of 60 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today
Statement from NAHB First Vice Chairman Granger MacDonald on Cantwell-Hatch-Wyden Bill
Granger MacDonald, first vice chairman of the National Association of Home Builders (NAHB) and a home builder and tax credit developer from Kerrville, Texas, today issued the following statement regarding legislation introduced by Sens. Maria Cantwell (D-Wash.) and Orrin Hatch (R-Utah) and co-sponsored by Sen. Ron Wyden (D-Ore.)
Statement from NAHB Chairman Ed Brady on Sen. Wyden’s Tax Bill
Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., issued the following statement regarding the First-time Homebuyer Credit Act, legislation introduced last night by Sen. Ron Wyden (D-Ore.)
Overtime Bill Would Help Business Owners and Workers
The National Association of Home Builders (NAHB) today commended Rep. Kurt Schrader (D-Ore.) for introducing legislation that helps small businesses and their workers by mitigating the effects of the U.S. Department of Labor’s unprecedented doubling of the overtime threshold.
Senate Approves Legislation to Reform Affordable Housing Programs
The National Association of Home Builders (NAHB) today commended Senate passage of the Housing Opportunity Through Modernization Act of 2016, legislation that includes many NAHB-supported bipartisan fixes to U.S. Department of Housing and Urban Development programs.
Design & Construction Week to Feature CEDIA Smart Home Pavilion
The NAHB International Builders’ Show® (IBS) and the NKBA Kitchen & Bath Industry Show (KBIS) today announced a new strategic partnership with CEDIA, the leading trade association for the residential technology industry, to be part of the 2017 Design & Construction Week® (DCW).
NAHB Log and Timber Homes Council Kicks off Month-Long Celebration of the Log Home...
Members of the National Association of Home Builders’ (NAHB) Log and Timber Homes Council (LTHC) are celebrating National Log Home Open House Month in July for the fifth consecutive year. This month, LTHC members will honor log homes, an American icon, by hosting home tours, holding log raising demonstrations, giving mill tours, sponsoring seminars and much more.
Builders Urge Caution as Congress Reauthorizes the National Flood Insurance Program
Extreme flood insurance rate hikes and inaccurate floodplain maps drive up the cost of homeownership and threaten small businesses, the nation’s home builders told Congress today
Statement from NAHB Chairman Ed Brady on Court Decision to Halt Persuader Rule
Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., issued the following statement regarding the U.S. District Court for the Northern District of Texas’ decision in National Federation of Independent Business et al. V. Perez et. al. granting the Plaintiff’s Motion for a Preliminary Injunction
Statement from NAHB Chairman Ed Brady on the GOP Tax Policy Agenda
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 the tax policy plank of House Speaker Paul Ryan’s six-part policy agenda
New Home Sales Fall 6 Percent in May from Strong April Reading
Sales of newly built, single-family homes dropped 6 percent in May from a downwardly revised April reading to a seasonally adjusted annual rate of 551,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Rates Drop, Refi Apps Jump in Latest MBA Weekly Survey
Mortgage applications increased 2.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending June 17, 2016.
