Pro Builder

JANUARY 17, 2023

Single-Family Permits Fell Sharply Throughout 2022. Single-family building permits decreased in all four regions in November 2022, but multifamily permitting closed out the year with strong gains. year-over-year from the November 2021 total of 1,029,208, NAHB Eye on Housing reports. Permits were 25.2%

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Permits District of Columbia NAHB Housing 52

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.

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NAHB Permits News Housing 98

Pro Builder

JANUARY 13, 2022

NAHB Request Prompts Extended COVID-19 Relief From IRS. A recent announcement by the IRS offers extended relief from some residential housing requirements. The IRS notice also permits property owners to provide temporary emergency housing to medical personnel and essential workers as displaced individuals. .

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IRS NAHB Inspections Finance 52

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

APRIL 19, 2021

Housing Starts Spring Forward in March. Also, builder confidence remains strong in spite of supply-side challenges, according to the NAHB/Wells Fargo Housing Market Index (HMI). Also, builder confidence remains strong in spite of supply-side challenges, according to the NAHB/Wells Fargo Housing Market Index (HMI).

Housing 52

Housing NAHB Forecasting Permits 52

Pro Builder

DECEMBER 21, 2022

Housing Starts Slumped in November Despite Retreating Mortgage Rates. Mortgage rates fell slightly throughout November, but despite a gradual improvement in housing affordability, new housing starts and building permits posted monthly declines. November housing starts fell 0.5% Wed, 12/21/2022 - 10:47.

Housing 52

Housing Permits NAHB Union 52

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

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Sustainability Permits NAHB Certification 105

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 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

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.

Permits 52

Permits NAHB Construction Forecasting 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.

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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.

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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

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.

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NAHB Construction Housing Inventory 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

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.

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NAHB Forecasting Risk Permits 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. 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

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.

Housing 105

Housing NAHB Income Infrastructure 105