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NAHB

Higher Interest Rates Keep Single-Family Housing Starts Flat in April

Single-family starts remained flat in April as interest rates moved above 7% last month and builders were dealing with tighter lending conditions. Overall housing starts increased 5.7%

NAHB

NAHB Announces a 10-Point Plan to Tame Shelter Inflation, Ease the Housing Affordability Crisis

With a nationwide shortage of roughly 1.5 million housing units that is making it increasingly difficult for American families to

NAHB

New Nationwide Codes Mandate a Major Blow to Housing Affordability

Carl Harris, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Wichita, Kan., today issued the following statement after the Biden administration

NAHB

Housing Starts Fall on Interest Rate, Financing Concerns

Housing starts fell in March with interest rates somewhat higher than expected last month as the latest inflation readings failed to show improvement. Builders are also still facing higher supply-

NAHB

Broad Housing Coalition Statement on Purported “Rent Control” on Low-Income Housing Tax Credit Communities

The U.S. Department of Housing and Urban Development (HUD) issued its annual income determination for Low-Income Housing

NAHB

New Home Sales Hold Steady in February

A small rise in mortgage rates in February led to a flat reading for new home sales. Sales of newly built, single-family homes in February edged 0.3% lower to a 662,000 seasonally adjusted annual rate, according to newly released data by the U.S.

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.

NAHB

Single-Family Production Shows Signs of Stirring Across the Nation

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

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, Buy America Act

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

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

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

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

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

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

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

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

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

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

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.

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Recent NAHB Press Releases

NAHB

Higher Interest Rates Keep Single-Family Housing Starts Flat in April

Single-family starts remained flat in April as interest rates moved above 7% last month and builders were dealing with tighter lending conditions. Overall housing starts increased 5.7%

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