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Multifamily Housing Production to Start Leveling Off
While multifamily housing starts in 2018 came very close to the sector’s 2015 peak, production levels are expected to moderate somewhat in 2019 and will stabilize in a range that that is considered
Aging-in-Place Specialists Honored with National NAHB Remodelers Awards
The National Association of Home Builders (NAHB) Remodelers announced the winners of its annual Homes for Life awards, recognizing excellence in aging-in-place and universal design remodeling
Two Flagship Exhibit Homes Unveiled at the NAHB International Builders’ Show
The National Association of Home Builders’ (NAHB) Leading Suppliers Council, in collaboration with Professional Builder and Professional Remodeler magazines, today unveiled the latest official
Lower Interest Rates, Rising Consumer Confidence Boost Builder Sentiment
Builder confidence in the market for newly-built single-family homes rose four points to 62 in February, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI)
Residential Remodeling Spending Continues to Gradually Grow
Spending on residential improvements will continue to grow over the next two years at a gradual pace, according to experts at a press conference hosted by the National Association of Home Builders
Housing Affordability Holds Steady at a 10-Year Low in the Fourth Quarter
A modest increase in interest rates offset a slight decline in home prices to keep housing affordability essentially level in the fourth quarter of 2018 and still hovering
Statement from NAHB First Vice Chairman Greg Ugalde on President Trump’s State of the...
Greg Ugalde, first vice chairman of the National Association of Home Builders (NAHB) and a builder and developer from Torrington, Conn., attended tonight’s State of the Union address
Statement from NAHB Chairman Randy Noel on Sen. Crapo’s Housing Finance Reform Proposal
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued the following statement on Senate Banking Committee Chairman Mike Crapo’s housing finance reform proposal
55+ Housing Market Ends Fourth Quarter on a Positive Note
Builder confidence in the single-family 55+ housing market remained strong in the fourth quarter of 2018 with a reading of 66, up six points from the previous quarter, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) released today.
NAHB Announces Finalists for Best of IBS Awards
he National Association of Home Builders (NAHB) has announced the finalists for its seventh annual Best of IBS Awards for the 2019 NAHB International Builders' Show (IBS) in Las Vegas.
Statement from NAHB Chairman Randy Noel on Agreement to Reopen the Government
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued the following statement regarding the agreement
Remodelers’ Confidence Holds Relatively Steady in Fourth Quarter
The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 57 in the fourth quarter of 2018, only one point lower than 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.
Lower Interest Rates Stabilize Builder Confidence
Buoyed by falling mortgage rates, builder confidence in the market for newly-built single-family homes rose two points to 58 in January on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
NAHB Study Shows Nearly 130,000 Households Priced Out of Housing Market with Each $1,000...
According to a recent study by the National Association of Home Builders (NAHB), a $1,000 increase in the cost of a median-priced newly-built home pushes 127,560 prospective buyers out of the market. In other words, based on their incomes, these households would be able to qualify for a mortgage to purchase the home before the price increase, but not afterward.
NAHB Study Shows Nearly 130,000 Households Priced Out of Housing Market with Each $1,000...
According to a recent study by the National Association of Home Builders (NAHB), a $1,000 increase in the cost of a median-priced newly-built home pushes 127,560 prospective buyers out of the market. In other words, based on their incomes, these households would be able to qualify for a mortgage to purchase the home before the price increase, but not afterward
Statement from NAHB Chairman Randy Noel on First Step Act Being Signed into Law
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom builder from LaPlace, La., today issued the following statement after President Trump signed the First Step Act into law
NAHB Urges Congress to Act on Housing Finance Reform
The National Association of Home Builders (NAHB) today commended House Financial Services Committee Chairman Jeb Hensarling (R-Texas) for working with lawmakers across the political aisle to develop a legislative framework to move housing finance reform forward.
Single-Family Starts Drop in November as Builders Face Affordability Concerns
Rising housing affordability issues continue to hinder single-family production even as total housing starts increased in November. According to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department, overall housing starts rose 3.2 percent in November to a seasonally
Builder Confidence Drops Four Points Amid Concerns Over Housing Affordability
Builder confidence in the market for newly-built single-family homes fell four points to 56 in December on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) as concerns over housing affordability persist. Although this is the lowest HMI reading since May 2015, builder sentiment remains in positive territory.
Statement from NAHB Chairman Randy Noel on Nomination of Mark Calabria as New FHFA...
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued the following statement on Mark Calabria being nominated as the new director of the Federal Housing Finance Agency (FHFA)
