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NAHB

New Home Sales Drop in May as Housing Costs Continue to Rise

New home sales fell to the lowest pace in a year, with prices jumping 18 percent on a year-over-year basis, due to the high costs and uncertain availability of building materials, lots and labor. Sales of newly built, single-family homes fell 5.9 percent .

NAHB

Home Building at Fastest Pace in Areas With Shortest Commute Times

Home building across the nation expanded the fastest in places with the shortest commute times, according to the quarterly National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) released today.

NAHB

New Home Sales Soften in April with Growing Housing Affordability Concerns

Rising building materials costs and low inventory have caused new home sales prices to jump 20 percent on a year-over-year basis, harming housing affordability and driving down the pace of new home sales.

NAHB

Regulatory Costs Add a Whopping $93,870 to New Home Prices

Regulations imposed by all levels of government account for $93,870, or 23.8 percent of the current average sales price ($397,300) of a new single-family home

NAHB

Interest in New Homes Increases Among First-Time Buyers

As the housing industry celebrates New Homes Month in April, recent data from the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), reveals that first-time home buyers account for almost half (43 percent)

NAHB

Statement from NAHB Chairman Chuck Fowke on President Biden’s Infrastructure Plan

Chuck Fowke, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Tampa, Fla., today issued the following statement on President Biden’s infrastructure proposal

NAHB

February Home Sales Down on Rising Material Costs, Interest Rates

Higher interest rates, supply shortages and rising material prices, particularly for lumber, put a damper on new home sales in February. Sales of newly built, single-family homes fell 18.2 percent to a 775,000 seasonally adjusted annual rate, according

NAHB

Higher Material Costs, Interest Rates Lower Builder Sentiment

Despite high buyer traffic and strong demand, builder sentiment fell in March as rising lumber and other material prices pushed builder confidence lower. The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI)

NAHB

NAHB Names Multifamily, Building Systems Council, Homes for Life and Global Innovation Award Winners

The National Association of Home Builders (NAHB) honored outstanding work in multifamily construction, building systems, aging-in-place and global innovation last week at the NAHB Pillars

NAHB

International Housing Association Continues Focus on Access to Housing Finance

The International Housing Association (IHA) is continuing to focus on ways potential home owners across the world can access housing finance to achieve homeownership. Through “Housing Affordability: A World Challenge,”

NAHB

Best in American Living™ Awards Embrace Top Design Trends for 2021

More than 160 single-family, multifamily, interior design, remodeling and community projects were honored at last night’s 2020 Best in American Living™ Awards (BALA) virtual ceremony. The awards are sponsored by Monogram Luxury Appliance

NAHB

Record-High Lumber Prices are Hammering Housing Affordability

Soaring lumber prices are adding thousands of dollars to the cost of a new home, pricing out millions of potential home buyers and impeding the residential construction sector from moving the economy forward, according to the National Association

NAHB

Builder Confidence in the 55+ Housing Market Remains High in Fourth Quarter

Builder confidence in the single-family 55+ housing market remained high in the fourth quarter, inching down one point from an all-time high to 82, according to the National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI)

NAHB

New Home Sales Hold Steady in December

Higher home prices stemming from rising lumber and other building material costs as well as a lack of inventory due to a shortage of buildable lots offset solid demand for new home sales in December.

NAHB

Remodeling Industry Confidence Is Strong Despite COVID-19

National Association of Home Builders (NAHB) released its Remodeling Market Index (RMI) for the fourth quarter of 2020, posting a reading of 79. The finding is a signal of residential remodelers’ strong confidence in their markets, for projects

NAHB

Housing Starts End 2020 Strong; Risks Ahead

While housing starts ended the year on a strong note, rising lumber prices and increasing regulatory cost concerns could affect future production. Led by a solid, double-digit gain in single-family starts, overall housing starts increased 5.8 percent to a seasonally adjusted annual rate of 1.67 million units

NAHB

As Cases Surge, NAHB Calls for Another COVID-19 Safety Stand Down

 The National Association of Home Builders (NAHB) is encouraging members, and all residential construction companies, to halt work for at least 10 minutes the week of Jan. 11-15 for a COVID-19 Jobsite Safety Stand Down to remind workers

NAHB

Statement from NAHB Chairman Chuck Fowke on $900 Billion Stimulus Package

Chuck Fowke, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Tampa, Fla., issued the following statement after Congress passed a $900 billion economic relief package

NAHB

Affordability and Lack of Supply Put a Dent in New Home Sales

New home sales dipped in November, but remained at a solid level as builders struggled to meet demand and gain access to building materials. Sales of newly built, single-family homes in November fell 11 percent to an 841,000 seasonally adjusted

NAHB

Lack of Inventory, Higher Prices Push Housing Affordability Near Two-Year Low

Record-low mortgage rates were not enough to offset inventory shortages and rising home prices as housing affordability continued to decline in the third quarter of 2020, according to the National Association of Home Builders (NAHB)

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Recent NAHB Press Releases

NAHB

Limited Existing Inventory Provides a Boost for New Home Sales

A limited amount of existing inventory along with solid demand helped new home sales end the year on an up note, even as buyers continue to grapple with housing affordability challenges.

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

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