
Statement from NAHB Chairman Granger MacDonald on HUD Suspending FHA Multifamily Mortgage Insurance Applications in Counties Hit by Hurricane Harvey
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, today issued the following statement regarding the Department of Housing and Urban Development’s decision to halt new FHA multifamily mortgage insurance applications in counties impacted by Hurricane Harvey and designated as Presidentially Declared Disaster areas

Statement from NAHB Chairman Granger MacDonald on Immigration Reform
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued the following statement after the Trump administration announced it would wind down the Deferred Action for Childhood Arrivals (DACA) program, which has allowed young people known as “Dreamers” who were brought to this country illegally as children to live and work

NAHB Urges Administration to Come to Lumber Agreement as Storm Rebuilding Process Begins
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued the following statement on Hurricane Harvey and its potential effects on lumber prices as Gulf Coast residents prepare to rebuild after the catastrophic storm.

NAHB Calls on Administration to Protect Consumers Against Price Gouging as Communities Rebuild
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued the following statement on the need for fairly priced building materials as the people of Texas and Louisiana look to rebuild their communities following the devastation of Hurricane Harvey.

Apartment and Condominium Market Bounces Back to Trend in Second Quarter
The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), posted a gain of eight points to 56 in the second quarter. The MPI measures builder and developer sentiment about current conditions in the apartment and condominium market on a scale of 0 to 100. The index and all of its components are scaled so that a number above 50 indicates that more respondents report conditions are improving than report conditions are getting worse.

New Home Sales Pull Back in July After Strong Spring Buying Season
Sales of newly built, single-family homes in July fell 9.4 percent to a seasonally adjusted annual rate of 571,000 units from an upwardly revised June reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This was the lowest sales reading since December 2016. Meanwhile, year-to-date, new home sales are 9.2 percent above their level over the same period last year.

Single-family Starts Hold Steady in July After Upward June Revision
Nationwide housing starts fell 4.8 percent in July to a seasonally adjusted annual rate of 1.16 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Single-family production slipped 0.5 percent in July to a seasonally adjusted annual rate of 856,000 after a strong, upwardly revised June reading. Year-to-date, single-family starts are 8.6 percent above their level over the same period last year. Multifamily starts dropped 15.3 percent to 299,000 units.

Statement from NAHB Chairman on President Trump’s Executive Order Rescinding the FFRMS
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued the following statement on President Trump’s executive order that effectively rolls back the Federal Flood Risk Management Standard:

Housing Affordability Inches Lower in Second Quarter
Rising home prices offset a quarter-point drop in mortgage interest rates to move housing affordability slightly lower in the second quarter of 2017, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released today

Statement from NAHB Chairman Granger MacDonald on HUD’s Affordable Housing Report
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, today issued the following statement regarding the U.S. Department of Housing and Urban Development’s new report on the number of rent-burdened families rising to the second-highest level on record

Housing Market Continues to Make Gains, Though Permits Fail to Keep Pace
In a further sign that the housing sector is continuing to gain momentum, nearly 300 markets nationwide posted an increase in economic and housing activity from the first quarter to the second quarter, according to the National Association of Home Builders/First American Leading Markets Index (LMI) released today

NAHB Members Celebrate National Building Systems Week
Members of the National Association of Home Builders (NAHB) Building Systems Councils are celebrating Building Systems Week from Aug. 7 – 11 This week-long event aims to educate NAHB members and consumers on the advantages of systems-built homes as opposed to traditional stick building.

Builder Confidence in the 55+ Housing Market Strengthens in Second Quarter
Builder confidence in the single-family 55+ housing market strengthened in the second quarter of 2017 with a reading of 66, up 11 points from the previous quarter, according to the National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI) released today. This is the 13th consecutive quarter with a reading above 50, which means that more builders view conditions as good than poor

2018 International Builders’ Show Registration Opens
The National Association of Home Builders (NAHB) officially opened online registration today for the 2018 NAHB International Builders’ Show® (IBS), the largest annual light construction trade show in the world

Call for Entries Now Open for ‘The Nationals’—NAHB’s National Sales and Marketing Awards
Now in its 37th year, NAHB’s national sales and marketing awards program, The Nationals?, is open for entries. Honoring the best in new-home sales, marketing and design, The Nationals competition pays tribute to superior new-home sales and marketing achievements by individual sales and marketing professionals, home builders and associates, and local sales and marketing councils.

Cantwell-Hatch Bill Would Help Ease Affordable Housing Crisis
The National Association of Home Builders (NAHB) today called on Congress to pass the Affordable Housing Credit Improvements Act of 2017 (S. 548), legislation that would promote the construction of sorely needed rental apartments and help alleviate the nation’s affordable housing crisis

Joint Employer Bill Would Provide Certainty to Business Community
The National Association of Home Builders (NAHB) today commended bipartisan legislation introduced in the House that would help small businesses and boost housing affordability by clarifying under the law what constitutes a joint employer. The standard of joint employment was vastly expanded by a 2015 decision issued by the National Labor Relations Board (NLRB) in which it adopted a broad and ambiguous new definition

New Home Sales Edge Up 0.8 Percent in June
Sales of newly built, single-family homes in June inched up 0.8 percent to a seasonally adjusted annual rate of 610,000 units from a downwardly revised May reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

NAHB and House Panel Reach Agreement on Flood Insurance Bill
The National Association of Home Builders (NAHB) today reached an agreement with leaders of the House Financial Services Committee to craft a viable, long-term flood insurance reauthorization bill that will keep the National Flood Insurance Program (NFIP) fiscally sound and enable home builders to provide safe and affordable housing to consumers.

Remodeling Market Indicator Remains in Positive Territory
The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 55 in the second quarter of 2017, down three points from the first quarter of 2017. For 17 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. The overall RMI averages ratings of current remodeling activity with indicators of future remodeling activity.