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Lot Shortages Worse Than Ever According to NAHB Survey

Lot availability hit a record low according to new data from the National Association of Home Builders (NAHB). Sixty-four percent of builders responding to special questions in the May NAHB/Wells Fargo Housing Market Index reported that the supply of lots in their markets was “low” or “very low”—up from 62 percent last year, and the highest that number has been since NAHB began collecting this data in 1997

NAHB Now Accepting Applications for 2017 Best of 55+ Housing Awards

The National Association of Home Builders (NAHB) 55+ Housing Industry Council is now accepting applications for the 2017 Best of 55+ Housing Awards, which honor excellence in building, design, marketing and lifestyle of housing for boomers. A panel of industry professionals will judge entries in 45 award categories, including Best 55+ Detached Home, Best 55+ Affordable Rental Community, Best 55+ Recognition of Sustainable Features and Best 55+ Lifestyle Program, among others

Apartment and Condominium Market Remains Steady in the First Quarter

The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB) remained essentially unchanged in the first quarter of 2016 after rising one point to 53. This is the 17th consecutive reading of 50 or above.

NAHB, OSHA Settle Litigation on Confined Spaces Rule

Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., issued the following statement regarding the settlement with the Occupational Safety and Health Administration (OSHA) on NAHB’s challenge to the agency’s Confined Spaces in Construction final rule

Regulatory Horror Story Illustrates Need to Block Funding for Waters of the U.S. Rule

A developer’s nearly three-decade regulatory nightmare of attempts to obtain a Clean Water Act permit shows why Congress must take action to prevent the Environmental Protection Agency (EPA) and U.S. Army Corps of Engineers (Corps) final “Waters of the U.S.” rule from being implemented

New Home Sales Reach Post-Recession High

Sales of newly built, single-family homes rose 16.6 percent in April from an upwardly revised March reading to a seasonally adjusted annual rate of 619,000 units, 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 January 2008.

Statement from NAHB Chairman Ed Brady on DOL’s Final Overtime Rule

Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., issued the following statement regarding the U.S. Department of Labor’s final overtime rule that was released today

New Guide Helps Builders Navigate 2015 Residential Code

A new guide co-published by the National Association of Home Builders (NAHB) and the International Code Council (ICC) provides critical answers to the most frequently asked residential construction jobsite code questions. Available through BuilderBooks, NAHB’s publishing arm, the 2015 Home Builders’ Jobsite Codes: A Quick Guide to the 2015 International Residential Code, is a portable guide for home builders, contractors, inspectors, architects, engineers and other construction professionals.

Housing Starts Up 6.6 Percent in April

Nationwide housing starts rose 6.6 percent to a seasonally adjusted annual rate of 1.17 million in April, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Overall permit issuance was also up 3.6 percent to a seasonally adjusted annual rate of 1.12 million

Housing Affordability Posts Second Straight Quarterly Gain

WASHINGTON, D.C. – (RealEstateRama) — Spurred by a modest reduction in mortgage interest rates and favorable home prices, nationwide housing affordability in the first quarter of 2016 posted a slight increase, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) released today.

Builder Confidence Holds Stable in May

Builder confidence in the market for newly-built single-family homes remained unchanged in May at a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Regulatory Costs Account for Nearly a Quarter of the Price of a New Home

On average, regulations imposed by all levels of government account for 24.3 percent of the sales price of a new single-family home, according to a new study by the National Association of Home Builders (NAHB).

Overall Builder Confidence in the 55+ Housing Market Remains Positive in the First Quarter of 2016

Builder confidence in the single-family 55+ housing market remains in positive territory for the first quarter of 2016 with a reading of 56, according to the National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI) released today. Despite the five-point dip from the previous quarter, this is the eighth consecutive quarter with a reading above 50.

Housing Markets Continue to Edge Forward

Markets in 119 of the approximately 340 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the first quarter of 2016, 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 45 markets.

New Report: Demographics and the Economy Drive Reduced Rental Housing Affordability

The Mortgage Bankers Association’s Research Institute for Housing America (RIHA) today released a new report, detailing how household formation by Millennials and the shift of many potential homeowners to a rental market during the depths of the Great Recession combined to create the current affordability crisis in rental housing

Statement from NAHB Chairman Ed Brady on Freddie Mac’s Earnings Report

Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., issued the following statement regarding Freddie Mac reporting a first quarter loss

Larger Remodeling Projects Trending Up in 2016 According to NAHB Survey

Whole house remodels and additions are regaining market share according to a survey of remodelers released by NAHB Remodelers, the remodeling arm of the National Association of Home Builders (NAHB). The survey, released today to kick off National Home Remodeling Month in May, revealed the most common remodeling projects in 2016, compared to historical results of the survey

Statement from NAHB Chairman Ed Brady on DOL’s Overtime Threshold Rule

Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., issued the following statement regarding a report that the U.S. Department of Labor is proposing to lower its new overtime threshold from $50,440 to $47,000.

Single-Family Sector Leads Housing to Higher Ground

Steady job growth, affordable home prices, attractive mortgage interest rates and pent-up demand will help the housing market continue on a gradual upward trajectory in the year ahead, according to economists who participated in yesterday’s National Association of Home Builders (NAHB) Spring Construction Forecast Webinar. However, supply side headwinds led by a shortage of construction lots and labor, along with tight access to acquisition, construction and development (AD&C) loans, continue to hamper a more robust recovery

New Home Sales Relatively Unchanged in March

Sales of newly built, single-family homes fell 1.5 percent in March from an upwardly revised February reading to a seasonally adjusted annual rate of 511,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

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Recent NAHB Press Releases

NAHB

Remodeling Spending Flat in Second Quarter, Falling in 26 States, NAHB...

Remodeling activity was flat in the second quarter amid a broader housing slowdown, according to the National Association of Home Builders' (NAHB) State Projections of Remodeling (SPR).

Random NAHB in News

CNNBusiness

Fears of housing downturn may have been overblown

But the National Association of Home Builders (NAHB) said Wednesday that builder confidence spiked last month thanks to a drop in interest rates.
Forbes

I Want A Better House