Housing Affordability Holds Steady on a Year-Over-Year Basis
Lower home prices, declining mortgage rates and solid income gains contributed to a rise in housing affordability in the first quarter of 2019, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index
Remodeling Labor Shortage Continues to Impact Industry
The labor shortage for the remodeling industry continues to impact the industry, according to a recent survey by the National Association of Home Builders (NAHB) Remodelers. NAHB released the survey results, which highlights availability of labor and subcontractors, to kick off National Home Remodeling Month in May.
55+ Housing Market Opens First Quarter with Record High
Builder confidence in the single-family 55+ housing market continued to strengthen in the first quarter of 2019 with a reading of 72, up six points from the previous quarter, according to the National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI) released today.
Statement from NAHB Chairman Greg Ugalde on Rep. Waters Housing Bill
Greg Ugalde, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Torrington, Conn., issued the following statement on House Financial Services Chairwoman Maxine Water’s housing bill
Lower Interest Rates Help Boost March New Home Sales
Sales of newly built, single-family homes rose to a seasonally adjusted annual rate of 692,000 units in March after a slightly revised February report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Housing Starts Decline in March
Total housing starts fell 0.3 percent in March to a seasonally adjusted annual rate of 1.14 million units from a downwardly revised reading in February, according to a report from the U.S. Housing and Urban Development a
Remodelers’ Confidence Falls Three Points in First Quarter of 2019
The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 54 in the first quarter of 2019, falling three points from the previous quarter. The RMI has been consistently above 50—indicating that more remodelers report market activity is higher compared
Builder Confidence Edges Higher in April
Builder confidence in the market for newly-built single-family homes rose one point to 63 in April, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. Sentiment levels have held in the low 60s for the past three months.
Statement from NAHB Chairman Greg Ugalde on Senate Confirmation of Mark Calabria as FHFA Director
Greg Ugalde, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Torrington, Conn., issued the following statement on the Senate confirmation of Mark Calabria as the new director of the Federal Housing Finance Agency
First-Time Home Buyers Battle Rising Prices, Seek Better Homes
As the housing industry celebrates New Homes Month in April, recent data from the American Housing Survey (AHS) confirms nearly two-thirds of first-time home buyers say a better home is the top reason for moving, followed by household formation, 61 percent and a better neighborhood, 49 percent.
New Home Sales Show Solid Growth in February
Sales of newly built, single-family homes rose to a seasonally adjusted annual rate of 667,00 units in February after an upwardly revised January report, 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 March 2018
Statement from NAHB Chairman Greg Ugalde on NAFTA Panel Ruling
Greg Ugalde, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Torrington, Conn., issued the following statement after the NAFTA Binational Panel agreed to allow NAHB to file an amicus brief regarding the U.S.-Canada softwood lumber trade dispute:
NAHB Commends Trump Memorandum on Housing Finance Reform
The National Association of Home Builders (NAHB) today commended President Trump for putting housing finance reform at the top of the national agenda and signing a memorandum directing relevant agencies to develop a plan that will help more Americans achieve the dream of homeownership
February Housing Starts Down After Single-Family Surge in January
Total housing starts fell 8.7 percent in February to a seasonally adjusted annual rate of 1.16 million units from an upwardly revised reading in January, according to a report from the U.S. Housing
Crapo’s Housing Finance Reform Plan Moves the Debate Forward
The National Association of Home Builders (NAHB) today commended Senate Banking Committee Chairman Mike Crapo for developing his housing finance reform proposal and believes it will serve
Darylene Dennon Named 2019 NAHB Professional Women in Building Council Chair
Darylene Dennon, chief executive officer and owner of Solid Energy Inc. in Woodinville, Wash., was recently sworn in as the 2019 chair of the National Association of Home Builders (NAHB)
Builder Confidence Holds Steady in March
Builder confidence in the market for newly-built single-family homes held steady at 62 in March, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index
January New Home Sales Demonstrate Demand for Affordable Homes
The January new home sales report from the government indicates an increasing demand for homes sold in an affordable price range. In January 2019, 66 percent of new single-family home sales were priced between $200,000
Housing Starts Rebound in January
Total housing starts rose 18.6 percent in January to a seasonally adjusted annual rate of 1.23 million units from a downwardly revised reading in December, according
New Home Sales End the Year Up 1.5 Percent
Sales of newly built, single-family homes posted a yearly gain of 1.5 percent in 2018, according to newly released data by the U.S. Department of Housing and Urban
