Pro Builder

JANUARY 18, 2023

After 12 straight monthly declines, builder confidence in the market for newly built single-family homes rose four points in January to 35, signaling a possible rebound for home building in 2023, the National Association of Home Builders' Eye on Housing reports. million units. million units. Market Data + Trends. Builders.

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NAHB Permits Housing 98

Pro Builder

JANUARY 11, 2021

Housing Affordability’s Biggest Threats. The National Association of Home Builders says home price growth and rising construction costs will be the biggest threats to housing affordability this year. For multifamily, a drop in permits suggests apartment construction declines in 2021. cbroderick. Mon, 01/11/2021 - 09:29.

Housing 52

Housing NAHB Forecasting Permits 52

Pro Builder

OCTOBER 6, 2022

The housing market may be slowing, but senior economist Jordan Rappaport predicts an upcoming surge in single-family home building . After decades of underbuilding and a recent shift to remote work, Rappaport predicts that national single-family permits could eventually rise to a long-term annual rate of 1.4 NAHB reports.

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Forecasting Kansas City NAHB Permits 98

Pro Builder

NOVEMBER 1, 2022

Housing Outlook: Is This a Recession … or Not? The current housing slowdown is a reality, but determining whether we’re in a recession right now isn’t so clear. After a two-year period of frenetic activity spurred by low mortgage rates and rising home prices, the housing industry has its finger on the reset button. “I

Housing 98

Housing Inventory NAHB New York City 98

Pro Builder

JANUARY 26, 2023

The National Association of Homebuilders’ (NAHB) national Housing Market Index (HMI) rose from December’s low of 31 to 35 last week, and while there’s still plenty of room for improvement, the recent gain sets the tone for a more optimistic year of home building in 2023. But it’s important to put things in perspective.

NAHB 98

NAHB Permits News Housing 98

Pro Builder

MAY 19, 2021

Limited availability and rising costs of construction materials are creating a slowdown in housing production. Overall housing starts dipped 9.5% It should be noted that March housing production reached the fastest rate for combined single-family and multifamily construction in 15 years.

Materials 105

Materials NAHB Housing Forecasting 105

Pro Builder

SEPTEMBER 22, 2022

Overall housing starts rose 12.2% million units, but elevated mortgage rates, high construction costs, and persistent supply chain bottlenecks continue to strain single-family production, NAHB reports. Single-family permits decreased 3.5% to an 899,000 unit rate in August, while multifamily permits fell 17.9% Multifamily.

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Permits NAHB Construction Forecasting 52

Pro Builder

DECEMBER 9, 2021

Housing production is rebounding in some suburban areas and smaller metros. A rebound in housing production in urban core and exurban markets suggests a shift in single-family home buying geared toward suburban and higher density areas, according to NAHBNow. Housing Markets. Housing Markets. Thu, 12/09/2021 - 10:51.

Metro 52

Metro NAHB Permits Housing 52

Pro Builder

FEBRUARY 4, 2022

December 2021 saw a month-over-month increase in permits, starts, and completions, indicating a year of strong building ahead. Although supply constraints have been frustrating, builders understand that continuing low housing inventories and strong demand will continue to drive the industry forward throughout 2022. Housing Markets.

Residential 98

Residential NAHB Housing Inventory 98

Pro Builder

DECEMBER 27, 2021

More impressively, due to permitting and design-related delays that pushed back construction until late May of 2021, the show home was completed in half the time of a typical project. . Because of a variety of permitting and design-related delays, the project could not get underway until late May of 2021. The 2022 home has ??4,646

Sustainability 105

Sustainability Permits NAHB Certification 105

Pro Builder

JULY 21, 2022

The pace of single-family housing starts is slowing, but over 800,000 homes are currently under construction across the U.S. in June to a 982,000 seasonally adjusted annual rate, the slowest pace of new housing starts since June 2020, NAHB Eye on Housing reports. Thu, 07/21/2022 - 10:22.

NAHB 52

NAHB Construction Housing Inventory 52

Pro Builder

JUNE 24, 2020

Comparing the last housing recession to today’s economy are good indicators of where the industry is headed and thankfully for home builders, it seems as though their industry is what will lead the economy forward, according to NAHB. Only 15% of builders lowered prices for June 2020, down from 22% in May. Read More. . Construction.

NAHB 52

NAHB Housing Permits Industrial 52

Pro Builder

JUNE 24, 2020

Comparing the last housing recession to today’s economy are good indicators of where the industry is headed and thankfully for home builders, it seems as though their industry is what will lead the economy forward, according to NAHB. Only 15% of builders lowered prices for June 2020, down from 22% in May. Read More. . Construction.

NAHB 52

NAHB Housing Permits Industrial 52

Pro Builder

JUNE 29, 2020

The housing market’s rebound from COVID-19 is stronger than predicted, with each month seeing large jumps in mortgage applications, permits, and builder sentiment. According to NAHB, the number of builders cutting home prices as a result of the pandemic are dropping. Number of Builders Dropping Prices to Boost Sales Declines.

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NAHB Housing Permits Industrial 52

PSMJ Resources

OCTOBER 27, 2011

A sluggish economy, a soft job market, a large inventory of foreclosed homes, the threat of additional foreclosures, and difficulty in obtaining financing for both potential homebuyers and for builders continue to act as a drag on the housing market. Housing starts rose 15% in September from August. In August, it advanced 1.3%

Resource 43

Resource Residential Construction Finance 43

Pro Builder

OCTOBER 1, 2021

Working to Improve Access to Affordable Housing. NAHB Policy Briefing | Urging the Biden administration to do more for affordable housing; multifamily growth in the suburbs and beyond. Increase the supply of manufactured housing and two- to four-unit properties by expanding financing through Freddie Mac. .

Housing 59

Housing NAHB Metro Finance 59

Pro Builder

OCTOBER 1, 2021

Working to Improve Access to Affordable Housing. NAHB Policy Briefing | Urging the Biden administration to do more for affordable housing; multifamily growth in the suburbs and beyond. The White House plan seeks to: • Leverage existing federal funds to spur action that reduces exclusionary zoning. Fri, 10/01/2021 - 06:00.

Housing 52

Housing NAHB Metro Finance 52

Pro Builder

DECEMBER 3, 2021

year-over-year inflation gain for the month of October, marking the largest increase in over 30 years, according to NAHB Now. Though most economists expect inflation to ease in 2022, ongoing labor shortages and a recent decision by the Commerce Department to double tariff rates on lumber will keep housing prices high into the new year.

NAHB 59

NAHB Forecasting Risk Permits 59

Pro Builder

FEBRUARY 12, 2021

Lumber Prices Hit Record High, Threatening Housing's Momentum. For home builders, framers, and remodeling contractors, the impact has eroded profitability, stalled production, and led to cancelled sales contracts and all-out shut-downs of projects—all of which works against housing affordability. "We NAHB CEO Jerry Howard | Photo c.

Housing 119

Housing NAHB Materials Profitability 119

Pro Builder

JANUARY 4, 2023

Last October, NAHB joined with two other construction industry groups in writing a letter to the White House and key cabinet secretaries asking the Biden administration to take action on the transformer shortage. Both the NAHB and Fed indices were negative in Q3, indicating tightening credit conditions (see chart, below).

Electrical 93

Electrical NAHB Finance Housing 93

Pro Builder

OCTOBER 5, 2020

Housing and the 2020 Presidential Election. Housing issues are in play in the race for the presidency in the 2020 election, and home builders are paying attention. Do presidential elections really impact housing? housing industry. housing industry. Mon, 10/05/2020 - 23:10. John Caulfield, Senior Editor.

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Housing NAHB Income Infrastructure 105