Nationwide housing starts rose 13.7 percent in October to a seasonally adjusted annual rate of 1.29 million units after a slight upward revision to the September reading, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. This is the highest housing production reading since October 2016, when total starts hit a post-recession high of 1.33 million.

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 on tax reform legislation that was approved by the Senate Finance Committee

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 on the House passage of The Tax Cuts and Jobs Act

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 on the House passage of The Tax Cuts and Jobs Act:

Builder confidence in the market for newly-built single-family homes rose two points to a level of 70 in November on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This was the highest report since March, and the second highest on record since July 2005.

During its 2017 Interim Meeting this week in Tokyo, the International Housing Association (IHA) launched a new working group to support the housing needs of developing countries. The IHA aims to advance the housing industry globally. By bringing a focus to the specific needs of developing countries through this new working group, the IHA will actively contribute to a better understanding their needs and thereby bring heightened awareness to the housing needs of its member countries and across the world.

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 on tax reform legislation in the House and Senate

At its 2017 Interim Meeting this week in Tokyo, the International Housing Association (IHA) has officially released the IHA Housing Continuum, an important tool to support dialogue between countries around the world to collaborate to improve housing for all.<

San Francisco, which has been the nation’s least affordable housing market for nearly five years, was supplanted by Los Angeles in the third quarter of 2017, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released today.

The National Association of Home Builders (NAHB) today commended the House for passing the bipartisan Save Local Business Act, legislation that would amend the National Labor Relations Act and Fair Labor Standards Act to restore a common sense joint employer standard for home building firms and other small businesses.

Markets in 197 of the 337 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the third quarter of 2017, 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 40 markets.

The National Association of Home Builders (NAHB) called on Congress today to move swiftly to implement comprehensive reforms to the nation’s housing finance system to ensure that housing credit remains readily available and affordable in the future

The National Association of Home Builders (NAHB) called on Congress today to move swiftly to implement comprehensive reforms to the nation’s housing finance system to ensure that housing credit remains readily available and affordable in the future.

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. Commerce Department’s final decision to impose countervailing and anti-dumping duties averaging 20.83 percent on Canadian lumber imports

Builder confidence in the single-family 55+ housing market continued to be positive in the third quarter of 2017, according to the National Association of Home Builders (NAHB) 55+ Housing Market Index (HMI), released today.

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 on the tax plan that will be put forth by Republican members of the House Ways and Means Committee

Sales of newly built, single-family homes in September rose 18.9 percent to a seasonally adjusted annual rate of 667,000 units from an upwardly revised August reading, 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 rate since October 2007. Year-to-date, new home sales are 8.6 percent above their level over the same period last year.

The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 57 in the third quarter of 2017, up two points from the previous quarter. For 18 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.

The National Association of Home Builders (NAHB) has announced the finalists for its 2018 Best of 55+ Housing Awards, the premier design and marketing competition for the 55+ housing industry. A total of 111 entries were chosen as finalists and are eligible for either a gold or silver award from NAHB’s 55+ Housing Industry Council. Those winners will be announced on Jan. 9, 2018, during the NAHB International Builders’ Show in Orlando, Fla.

 Nationwide housing starts fell 4.7 percent in September to a seasonally adjusted annual rate of 1.13 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Nationwide single-family production fell 4.6 percent to 829,000 units due to a 15.3 percent decline in the hurricane-ravaged South. All other regions posted gains in the single-family sector, and nationwide single-family permits increased 2.4 percent