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NAHB Announces Finalists for Apartment and Condo Awards
Roof deck pools and lounges, stunning views, a focus on health and fitness and a friendly welcome for pets are some of the features that millennials and 55+ downsizers are looking for in a multifamily community.
Builder Confidence in the 55+ Housing Market Drops in the Third Quarter
Builder confidence in the single-family 55+ housing market dropped seven points to 60 in the third quarter, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) released today. Although the index declined, it is still in positive territory as a reading above 50 means that more builders view conditions as good than poor.
New Home Sales Fall 5.5 Percent in September as Affordability Issues Continue
Sales of newly built, single-family homes fell to a seasonally adjusted annual rate of 553,000 units after downwardly revised August, July and June reports, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the lowest sales pace since December 2016. However, on a year-to-date basis, sales are up 3.5 percent from this time in 2017
Remodeling Confidence Remains Solid in Third Quarter
The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 58 in the third quarter of 2018, remaining stable from the previous quarter. The RMI has been consistently above 50—indicating that more remodelers report market activity is higher compared to the prior quarter than report it is lower—since the second quarter of 2013.
Multifamily Decline Pushes Overall Housing Starts Down in September
Led by a drop in multifamily production, total housing starts fell 5.3 percent in September to a seasonally adjusted annual rate of 1.2 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department
Builder Confidence Rises One Point in October, Remains at Summer Levels
Builder confidence in the market for newly-built single-family homes rose one point to 68 in October on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Builder confidence levels have held in the high 60s since June
Former NAHB Chairman Ed Brady Named New President and CEO of Home Builders Institute
Ed Brady, Bloomington, Ill.-based builder and developer and 2016 Chairman of the National Association of Home Builders (NAHB), has been appointed as the new president and chief executive officer of the Home Builders Institute (HBI).
Statement from NAHB Chairman Randy Noel on Sen. Warren’s Housing Bill
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued the following statement on the American Housing and Economic Mobility Act, legislation introduced today by Sen. Elizabeth Warren
New Home Sales Rise 3.5 Percent in August Even as Affordability Concerns Persist
Sales of newly built, single-family homes rose 3.5 percent in August to a seasonally adjusted annual rate of 629,000 units after downwardly revised June and July reports, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Housing Starts Rise in August Amid Ongoing Affordability Concerns
Total housing starts increased 9.2 percent in August to a seasonally adjusted annual rate of 1.28 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department
Statement from NAHB Chairman Randy Noel on Chinese Tariffs
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued the following statement on President Trump's decision to impose tariffs on an additional $200 billion worth of Chinese imports
Builder Confidence Remains Firm in September
Builder confidence in the market for newly-built single-family homes remained unchanged at a solid 67 reading in September on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). “Despite rising affordability concerns, builders continue to report firm demand for housing, especially as millennials and other newcomers enter the market,” said NAHB Chairman Randy Noel
Statement from NAHB Chairman Randy Noel on Trump Tariff Threat
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued the following statement after President Trump threatened to impose tariffs on
A 10-Year Anniversary Highlights Need for Housing Finance Reform
With Fannie Mae and Freddie Mac now marking their tenth year of conservatorship, the National Association of Home Builders (NAHB) today called on Congress to make it a priority to enact comprehensive reform to the nation’s housing finance system.
Regulations Account for Nearly One-Third of Multifamily Costs, Builders Tell Congress
Layers of excessive regulation translate into higher rents, reduced affordability for consumers and on average, account for almost one-third of a multifamily project’s development and building costs, the National Association of Home Builders (NAHB) told Congress today.
2019 International Builders’ Show Registration Now Open
The National Association of Home Builders (NAHB) officially opened online registration today for the 2019 NAHB International Builders’ Show® (IBS), the largest annual light construction trade show in the world.
Statement from NAHB CEO Jerry Howard on Trump’s Executive Order on Retirement Security
National Association of Home Builders (NAHB) CEO Jerry Howard issued the following statement on President Trump’s executive order on retirement security. “NAHB commends President Trump for making retirement security an important national priority. This need is particularly acute in the residential construction sector
New Home Sales Edge Down 1.7 Percent in July
Sales of newly built, single-family homes inched down 1.7 percent in July to a seasonally adjusted annual rate of 627,000 units after an upwardly revised June report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. On a year-to-date basis, sales are up 7.2 percent from this time last year.
Multifamily Builder and Developer Confidence Edged Down Slightly in Second Quarter
Confidence in the multifamily housing market edged down in the second quarter of 2018, according to the Multifamily Production Index (MPI) released today by the National Association of Home Builders (NAHB). The MPI dipped two points to 51 compared to the previous quarter.
International Builders’ Show and Kitchen & Bath Industry Show Extend Co-Location Agreement for Design...
The National Association of Home Builders (NAHB) and the National Kitchen & Bath Association (NKBA) today announced an agreement to extend the co-location of the NAHB International Builders’ Show® (IBS) and the Kitchen & Bath Industry Show (KBIS), known as Design & Construction Week® (DCW).
