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NAHB

Builder Sentiment Rises Above Breakeven Point

National
A lack of existing inventory that continues to drive buyers to new home construction, coupled with strong demand and mortgage rates below last fall’s cycle peak helped push builder sentiment above a key marker in March.
NAHB

Single-Family Production Shows Signs of Stirring Across the Nation

National
Led by larger urban metro markets, single-family growth rates are showing signs of a turnaround as moderating mortgage rates and a lack of existing inventory are contributing to a gradual
NAHB

Multifamily Housing Market Will Decline in 2024 while Remodeling Market Will Hold Steady

National
Multifamily starts are predicted to decline in 2024, according to the National Association of Home Builders (NAHB). Meanwhile, the remodeling sector remains on solid ground and will hold
NAHB

Coalition of Trade Associations Requests Improvements to White House Implementation of the Build America,...

National
Four national trade associations petitioned the White House to make improvements in its implementation of “made in America”
NAHB

Housing Affordability Remains Near Historic Low Level

National
Mortgage rates that hit more than a 20-year high, coupled with elevated construction costs and excessive regulatory costs, left housing affordability in the fourth quarter of 2023 virtually
NAHB

New Home Sales Bounce Back in December on Lower Mortgage Rates

National
Falling interest rates in the closing weeks of 2023 helped to bring buyers off the sidelines and provide a boost for new home sales. Sales of newly built, single-family homes in December increased
NAHB

Single-Family Starts Down in December but Post Solid Showing

National
In a sign that lower mortgage rates continue to boost the housing market, single-family production surpassed the million mark for the second straight month in December.
NAHB

Single-Family Starts Surge on Falling Interest Rates

National
Single-family construction surged in November as lower mortgage rates helped to assuage affordability concerns and unleash pent-up demand for housing. Overall housing starts increased 14.8% in
NAHB

Amidst Housing Slowdown, Exurban Areas Post Largest Construction Gains

National
For the third consecutive quarter, single-family growth rates were negative for all geographic sectors of the nation, as exurban areas posted the largest increase in market share for both single-family
NAHB

New Home Sales Weaken in October

National
Elevated mortgage rates that averaged 7.62% in October per Freddie Mac, the highest rate since 2000, depressed buyer demand and pushed down new home sales in October. Sales of newly built, single-family homes in October fell 5.6% to a
NAHB

Single-Family Starts Flat in October

National
Single-family construction held steady in October as high mortgage rates depressed demand but more buyers turned to new homes because of a lack of existing inventory. Overall housing starts increased 1.9% in October to a seasonally adjusted
NAHB

Rising Mortgage Rates Push Housing Affordability to Lowest Level in Index History

National
Rising mortgage rates, elevated construction costs and limited existing inventory helped push housing affordability in the third quarter of 2023 to its lowest level in more than a decade.
NAHB

Single-Family Starts Post Unexpected Gain in September as High Interest Rates Persist

National
Despite elevated mortgage rates averaging above 7%, single-family starts posted a solid gain in September as more buyers are turning to new homes because of a dearth of inventory in the
NAHB

Lack of Resales Boost New Home Sales in September

National
Despite mortgage rates that are at a 23-year high, new home sales posted a double-digit percentage gain in September because of a lack of inventory in the resale market.
NAHB

Remodeling Market Sentiment Declines in Third Quarter

National
The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the third quarter, posting a reading of 65, declining three points
NAHB

NAHB Lauds House for Extending NFIP and Government Funding, Urges Senate to Act Now

National
Alicia Huey, chairman of the National Association of Home Builders (NAHB) and a custom home builder and developer from Birmingham, Ala., issued the following statement after Congress
NAHB

New Home Sales Weaken in August on Higher Mortgage Rates

National
Elevated mortgage rates and challenging affordability conditions pushed new home sales down to their weakest rate since March. Sales of newly built, single-family homes in August fell 8.7% to a
NAHB

Housing Starts Lower on Rising Mortgage Rates

National
Higher mortgage rates averaging above 7% put a damper on single-family production in August, as builders also continue to face supply-side challenges in the form of elevated construction costs, a lack of skilled labor and a shortage of buildable lots.
NAHB

Large Metro Markets Show Biggest Slowdown in Single-Family Construction

National
Rising mortgage rates and elevated construction costs have taken a toll on the pace of single-family construction in markets across the nation, with the slowdown most pronounced in large metro
NAHB

New Home Sales Increase in July Despite Higher Mortgage Rates

National
Low existing inventory and solid demand more than offset rising mortgage rates and elevated construction costs to boost new home sales last month. Sales of newly built, single-family homes

Recent NAHB Press Releases

NAHB

Builder Sentiment Rises Above Breakeven Point

A lack of existing inventory that continues to drive buyers to new home construction, coupled with strong demand and mortgage rates below last fall’s cycle peak helped push builder sentiment above a key marker in March.

Random NAHB in News

USA TODAY

Rising mortgage rates, home prices are becoming a toxic cocktail in...

Millenials are entering the housing market at a tumultuous time - many want to buy, but few can seem to afford it. Follow along with the Gliddens, a Washington, DC couple looking to set down
Forbes

I Want A Better House