House Approves NAHB-Supported Health Care Bill
The House today approved the Small Business Healthcare Relief Act (H.R. 5447), legislation championed by the National Association of Home Builders (NAHB) that would allow small business owners to help their employees pay for health insurance.
Housing Production Holds Steady in May
Nationwide housing starts were virtually unchanged in May, inching down 0.3 percent to a seasonally adjusted annual rate of 1.16 million, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Overall permit issuance edged up 0.7 percent to a seasonally adjusted annual rate of 1.14 million
NAHB Now Accepting Applications for 2016 Pillars of the Industry Awards Competition
The National Association of Home Builders (NAHB) opened its call for entries for the 2016 NAHB Pillars of the Industry Awards competition. Multifamily owners and developers, property managers, architects, interior designers and multifamily industry professionals are invited to enter the competition.
Builders Call for End to Regulatory Overreach During National Homeownership Month
As the National Association of Home Builders (NAHB) celebrates National Homeownership Month in June, builders continue to demand affordable housing for all Americans, calling for sensible reforms to burdensome regulations that increase the cost of housing.
Statement from NAHB Chairman Ed Brady on Supreme Court Wetlands Decision
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 Supreme Court’s unanimous decision in the case of Army Corps of Engineers v. Hawkes Co. Inc.
Lot Shortages Worse Than Ever According to NAHB Survey
Lot availability hit a record low according to new data from the National Association of Home Builders (NAHB). Sixty-four percent of builders responding to special questions in the May NAHB/Wells Fargo Housing Market Index reported that the supply of lots in their markets was “low” or “very low”—up from 62 percent last year, and the highest that number has been since NAHB began collecting this data in 1997
NAHB Now Accepting Applications for 2017 Best of 55+ Housing Awards
The National Association of Home Builders (NAHB) 55+ Housing Industry Council is now accepting applications for the 2017 Best of 55+ Housing Awards, which honor excellence in building, design, marketing and lifestyle of housing for boomers. A panel of industry professionals will judge entries in 45 award categories, including Best 55+ Detached Home, Best 55+ Affordable Rental Community, Best 55+ Recognition of Sustainable Features and Best 55+ Lifestyle Program, among others
Apartment and Condominium Market Remains Steady in the First Quarter
The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB) remained essentially unchanged in the first quarter of 2016 after rising one point to 53. This is the 17th consecutive reading of 50 or above.
NAHB, OSHA Settle Litigation on Confined Spaces 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 settlement with the Occupational Safety and Health Administration (OSHA) on NAHB’s challenge to the agency’s Confined Spaces in Construction final rule
Regulatory Horror Story Illustrates Need to Block Funding for Waters of the U.S. Rule
A developer’s nearly three-decade regulatory nightmare of attempts to obtain a Clean Water Act permit shows why Congress must take action to prevent the Environmental Protection Agency (EPA) and U.S. Army Corps of Engineers (Corps) final “Waters of the U.S.” rule from being implemented
New Home Sales Reach Post-Recession High
Sales of newly built, single-family homes rose 16.6 percent in April from an upwardly revised March reading to a seasonally adjusted annual rate of 619,000 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 sales pace since January 2008.
Statement from NAHB Chairman Ed Brady on DOL’s Final Overtime 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. Department of Labor’s final overtime rule that was released today
New Guide Helps Builders Navigate 2015 Residential Code
A new guide co-published by the National Association of Home Builders (NAHB) and the International Code Council (ICC) provides critical answers to the most frequently asked residential construction jobsite code questions. Available through BuilderBooks, NAHB’s publishing arm, the 2015 Home Builders’ Jobsite Codes: A Quick Guide to the 2015 International Residential Code, is a portable guide for home builders, contractors, inspectors, architects, engineers and other construction professionals.
Housing Starts Up 6.6 Percent in April
Nationwide housing starts rose 6.6 percent to a seasonally adjusted annual rate of 1.17 million in April, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Overall permit issuance was also up 3.6 percent to a seasonally adjusted annual rate of 1.12 million
Housing Affordability Posts Second Straight Quarterly Gain
WASHINGTON, D.C. - (RealEstateRama) — Spurred by a modest reduction in mortgage interest rates and favorable home prices, nationwide housing affordability in the first...
Builder Confidence Holds Stable in May
Builder confidence in the market for newly-built single-family homes remained unchanged in May at a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Regulatory Costs Account for Nearly a Quarter of the Price of a New Home
On average, regulations imposed by all levels of government account for 24.3 percent of the sales price of a new single-family home, according to a new study by the National Association of Home Builders (NAHB).
Overall Builder Confidence in the 55+ Housing Market Remains Positive in the First Quarter...
Builder confidence in the single-family 55+ housing market remains in positive territory for the first quarter of 2016 with a reading of 56, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) released today. Despite the five-point dip from the previous quarter, this is the eighth consecutive quarter with a reading above 50.
Housing Markets Continue to Edge Forward
Markets in 119 of the approximately 340 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the first 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 45 markets.
New Report: Demographics and the Economy Drive Reduced Rental Housing Affordability
The Mortgage Bankers Association's Research Institute for Housing America (RIHA) today released a new report, detailing how household formation by Millennials and the shift of many potential homeowners to a rental market during the depths of the Great Recession combined to create the current affordability crisis in rental housing