
Statement from NAHB Chairman Randy Noel on New Steel and Aluminum Tariffs
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from LaPlace, La., today issued the following statement regarding President Trump’s announcement to impose tariffs on steel and aluminum imports

Home Builders Seek Better Cooperation with OSHA to Improve Worker Safety
The National Association of Home Builders (NAHB) today called on the Occupational Safety and Health Administration (OSHA) to expand its small business compliance assistance to help home builders and other small business owners to improve the safety of their operations.

New Home Sales Drop 7.8 Percent in January
Sales of newly built, single-family homes fell 7.8 percent in January to a seasonally adjusted annual rate of 593,000 units after an upwardly revised December reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

Apartment and Condominium Market Ends Fourth Quarter on a Positive Note
he Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), posted a gain of seven points to 53 in the fourth quarter of 2017. The MPI measures builder and developer sentiment about current conditions in the apartment and condominium market on a scale of 0 to 100.

Statement from NAHB Chairman Randy Noel on IRS Announcement Clarifying Tax Deduction for HELOCs
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued the following statement regarding today’s IRS announcement clarifying tax deductions taken on home equity loans or home equity lines of credit

Existing-Home Sales Slip 3.2 Percent in January
Existing-home sales slumped for the second consecutive month in January and experienced their largest decline on an annual basis in over three years, according to the National Association of Realtors®. All major regions saw monthly and annual sales declines last month.

Housing Production Makes Healthy Gains to Start New Year
A surge in multifamily production pushed overall housing starts up 9.7 percent in January to a seasonally adjusted annual rate of 1.33 million units after an upwardly revised December reading, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department

Builder Confidence Stays at Strong Level in February
Builder confidence in the market for newly-built single-family homes remained unchanged at a healthy 72 level in February on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). “Builders are excited about the pro-business political climate that will strengthen the housing market and support overall economic growth

NAHB Commends Trump Infrastructure Plan
The National Association of Home Builders (NAHB) today commended President Trump’s $1.5 trillion infrastructure plan to rebuild and revitalize the nation’s aging transportation network. “This package includes a number of provisions that are designed to spur economic and job growth that will also boost the housing sector,” said NAHB Chairman Randy Noel

Statement from NAHB Chair Randy Noel on Nationwide Injunction for WOTUS Rule
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued the following statement regarding the Feb. 7 motion by NAHB and its coalition partners including farmers, miners and foresters to ask the U.S. District Court in Texas to issue a nationwide preliminary injunction on the waters of the United States, or the WOTUS Rule:

Housing Market Makes Modest Gains Even as Permits Slip
Overall housing and economic activity in metro markets across the nation remained on a gradual, upward trend in the fourth quarter of 2017 even as permit activity remained a stubbornly lagging indicator, according to the National Association of Home Builders/First American Leading Markets Index (LMI) released today.

55+ Housing Market Ends Fourth Quarter on Record High
Builder confidence in the single-family 55+ housing market remained strong in the fourth quarter of 2017 with a reading of 71, up 12 points from the previous quarter, according to the National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI) released today. This is the highest reading since the inception of the index in 2008

2-Year Delay of WOTUS Rule a Much-Needed Step, NAHB Says
The National Association of Home Builders (NAHB) applauds today’s announcement by the Environmental Protection Agency mandating a two-year delay of the Obama-era “waters of the United States” (WOTUS) Rule. “This delay gives the agency more time to work with the U.S. Army Corps of Engineers and replace the rule with new definitions that provide needed clarity and narrow federal authority,”

Dean Schwanke Named NAHB Vice President for Multifamily Housing
The National Association of Home Builders (NAHB) today announced the appointment of Dean Schwanke to the position of Vice President, Multifamily Housing. Schwanke will bring his broad research, economic analysis, communications, program planning and management experience to the department, which serves NAHB member developers, builders and finance partners building condominiums and apartments

Statement from NAHB Chairman Randy Noel on President Trump’s State of the Union Address
Randy Noel, chairman of the National Association of Home Builders and a custom home builder from LaPlace, La., issued the following statement regarding President Trump’s State of the Union address. “President Trump said ‘America is a nation of builders’ and the nation’s home builders wholeheartedly agree.

New Home Sales Rise 8.3 Percent Overall in 2017
Sales of newly built, single-family homes fell 9.3 percent in December to a seasonally adjusted annual rate of 625,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Despite this monthly decline, new home sales rose 8.3 percent overall in 2017 to 608,000 units.

NAHB Launches New Campaign to Raise Safety Awareness Among Home Builders, Remodelers
The National Association of Home Builders (NAHB) launched Safety 365, a new member and public awareness campaign designed to ensure that building industry professionals have the information and resources to help keep construction workers safe and help minimize accidents, injuries and deaths. The initiative is designed to make construction safety a priority, every day, 365 days a year.

Single-Family Sector Boosts Housing Production in 2017, More Gains Expected this Year
Nationwide housing starts fell 8.2 percent in December to a seasonally adjusted annual rate of 1.19 million units after an upwardly revised November reading, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.

Remodeling Market Indicators Hit High in Fourth Quarter
The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 60 in the fourth quarter of 2017, up three points from the previous quarter and only the second time since 2001 the reading has reached 60. For 19 consecutive quarters, the RMI has been at or above 50, which indicates that more remodelers report market activity is higher compared to the prior quarter than report it is lower.

Builder Confidence Remains Strong as New Year Starts
Builder confidence in the market for newly-built single-family homes dropped two points to a level of 72 in January on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) after reaching an 18-year high in December 2017.