NAHB
Kevin Lee Elected as Chairman of the International Housing Association
Kevin Lee, chief executive officer of the Canadian Home Builders’ Association (CHBA), was installed as the 2016-2017 chairman of the International Housing Association (IHA) during the group’s recent annual meeting in Washington, D.C. The National Association of Home Builders serves as the Secretariat of IHA.
Latest NAHB Publication Provides a Rare Snapshot of Builders’ Profitability and Expenditures
The Cost of Doing Business Study, 2016 Edition, a national study of single-family builders' financial performance, was recently released by BuilderBooks, the publishing arm of the National Association of Home Builders (NAHB). The Cost of Doing Business Study gives builders the opportunity to see industry averages for profit margins, asset levels and equity positions
Single-Family Housing Starts Reach Highest Level since November 2007
Nationwide housing starts rose 5.2 percent to a seasonally adjusted annual rate of 1.178 million units in February, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Single-family production increased 7.2 percent to 822,000 units—its highest level since November 2007—while multifamily starts remained virtually unchanged, inching up 0.8 percent to 356,000 units.
Builder Confidence Holds Steady in March
Builder confidence in the market for newly-built single-family homes was unchanged in March at a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Multifamily Developers’ Outlook Still Positive Despite Dip in Fourth Quarter
The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), showed a slight weakening as the index declined four points to 52 in the fourth quarter of 2015. And while the index declined, it is still the 16th consecutive reading of 50 or above.
NAHB, Business Groups Urge Congress to Act On Health Reimbursement Arrangements
The National Association of Home Builders (NAHB) and a coalition of more than 160 business groups today sent a letter to House and Senate leaders commending them for championing bipartisan legislation that would reinstate the use of Health Reimbursement Arrangements (HRAs) and calling on Congress to act promptly to pass this measure.
Housing Recovery Continues at Modest Pace
Markets in 117 of the approximately 340 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the fourth quarter of 2015, 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 52 markets.
NAHB Study Reveals the Housing Preferences of the Boomer Generation
The National Association of Home Builders (NAHB) has had a long history of tracking the evolution of home buyer preferences. Builders and other industry professionals now have an opportunity to find out what baby boomers want compared to other home buyers in Housing Preferences of the Boomer Generation: How They Compare to Other Home Buyers, a study recently released by NAHB's publishing arm, BuilderBooks
New Home Sales Fall 9.2 Percent in January
Sales of newly built, single-family homes dropped 9.2 percent in January to a seasonally adjusted annual rate of 494,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau
Andrew Chaban Elected as Chairman of NAHB Multifamily Council
Chaban is the Chief Executive Officer of Princeton Properties, which acquires, builds, renovates, leases and manages apartment communities and corporate furnished apartments. Currently, Princeton Properties owns and manages more than 6,000 apartment homes for rent in Massachusetts, New Hampshire, Maine and Georgia. Chaban is considered to be one of the foremost industry experts in the field of rehabilitation and management of multifamily rental housing.
Affordability Edges Up in Fourth Quarter
Modest home price and interest rate decreases resulted in a slight increase in nationwide housing affordability in the fourth quarter of 2015, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) released today.
Housing Starts Fall 3.8 Percent in January
Nationwide housing starts dropped 3.8 percent to a seasonally adjusted annual rate of 1.099 million units in January, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Overall permit issuance edged down 0.2 percent
Builder Confidence Drops Three Points in February
Builder confidence in the market for newly-built single-family homes fell three points to 58 in February from an upwardly revised January reading of 61 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Statement from NAHB Chairman Ed Brady on Hillary Clinton’s Housing Proposals
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 former Secretary of State Hillary Clinton's recently announced economic revitalization agenda
NAHB Moves Needle on EPA Online Lead Paint Training, But Remodelers Still Face Challenges
Remodelers who are certified by the Environmental Protection Agency (EPA) to work on homes that may contain lead paint under the Lead: Renovation, Repair and Painting (RRP) rule now have the option to complete refresher training online, according to an EPA announcement. However, EPA recertifications obtained via an online refresher course will be valid for only three years, versus five years for hands-on training courses, and can only be exercised every other recertification cycle.
Software Company Salefish Named NAHB’s Global Innovation Award Winner
The National Association of Home Builders (NAHB) has named Salefish, a software company from Concord, Ontario, Canada, as the Global Innovation Award winner for 2015. The annual award recognizes cutting-edge, advanced and original product offerings and/or marketing strategies by global or domestic member companies that offer products or services from developers, builders, subcontractors, remodelers and lenders to consumers.
Cindy Cepko Inducted as the 2016 NAHB Professional Women in Building Council Chair
Cindy Cepko, CGP, CMP, MIRM, Master CSP, co-owner of Granite Homes Inc. in Paupack, Pa., was recently sworn in as the 2016 chair of the National Association of Home Builders (NAHB) Professional Women in Building (PWB) Council.
Cindy Cepko Inducted as the 2016 NAHB Professional Women in Building Council Chair
Cindy Cepko, CGP, CMP, MIRM, Master CSP, co-owner of Granite Homes Inc. in Paupack, Pa., was recently sworn in as the 2016 chair of the National Association of Home Builders (NAHB) Professional Women in Building (PWB) Council
Housing Missing from White House Economic 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 President Obama’s Feb. 5 comments on the January jobs report:
More Than 110,000 Attend 2016 International Builders’ Show, Design & Construction Week
More than 110,000 housing industry professionals packed the aisles at Design & Construction Week,[tm] held Jan. 19-22 in Las Vegas. This marked the third year of the co-located mega-event, which included the National Association of Home Builders (NAHB) International Builders' Show (IBS), the Kitchen and Bath Industry Show, the International Window Coverings Expo and The International Surface Event.
