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Builder Confidence Remains Firm in August
Builder confidence in the market for newly-built single-family homes edged down one point to a solid 67 reading in August on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Housing Affordability Hits 10-Year Low in Second Quarter
Rising home prices and interest rates pushed housing affordability to a 10-year low in the second quarter of 2018, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released today.
Statement from NAHB Chairman Randy Noel on States Receiving Section 404 Permitting Authority
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued the following statement in support of the Trump administration’s announcement that clarifies over which waters states can assume Clean Water Act Section 404 permitting authority rather than the federal government:
55+ Housing Market Shows Continued Strength in Second Quarter
Builder confidence in the single-family 55+ housing market continued to be in positive territory in the second quarter of 2018, according to the National Association of Home Builders (NAHB) 55+ Housing Market Index (HMI) which was released today. The index increased one point to 67.
New Home Sales Fall Back in June
Sales of newly built, single-family homes fell 5.3 percent in June to a seasonally adjusted annual rate of 631,000 units after a downwardly revised May report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
NAHB Supports Trump’s Workforce Development Plan; Pledges to Train 50,000 New Workers
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued the following statement in support of the White House executive order on workforce development
Remodeling Confidence Increases Despite Rising Costs
The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 58 in the second quarter of 2018, up one point 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.
Call for Entries Now Open for NAHB’s Sales and Marketing Awards–‘The Nationals’
The Nationals--the National Association of Home Builders' national sales and marketing awards program--is open for entries. Honoring the best in new-home sales, marketing and design
Housing Starts Fall 12.3 Percent As Tariffs Draw Increased Concern
Total housing starts fell 12.3 percent in June to a seasonally adjusted annual rate of 1.17 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
Builder Confidence Stays at Healthy Level in July
Builder confidence in the market for newly-built single-family homes remained unchanged at a solid 68 reading in July on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Statement from NAHB Chairman Randy Noel in Support of Judge Brett Kavanaugh to the...
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued the following statement of support for Judge Brett Kavanaugh to be the next Associate Justice to the U.S. Supreme Court
New Home Sales Rise to Highest Level This Year
Sales of newly built, single-family homes rose 6.7 percent in May to a seasonally adjusted annual rate of 689,000 units after a downwardly revised April report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the second-highest sales report since the Great Recession
Statement from NAHB Chairman Randy Noel on House Passage of Farm Bill
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 House passage of the farm bill
Statement from NAHB Chairman Randy Noel on Rules Pertaining to AHPs
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom builder from LaPlace, La., today issued the following statement regarding the Trump administration’s finalized rule promoting association health plan
Builders Discuss Rising Lumber Prices with Commerce Secretary Ross
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued the following statement after the NAHB leadership met today with Commerce Secretary Wilbur Ross to discuss the growing problem of escalating lumber prices that are being exacerbated by tariffs on Canadian lumber imports into the U.S.
Builder Confidence Slips Two Points as Lumber Prices Soar
Builder confidence in the market for newly-built single-family homes fell two points to 68 in June on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The decline was due in large part to sharply elevated lumber prices, although sentiment remains on solid footing.
Statement from NAHB Chairman Randy Noel on EPA Sending Revised WOTUS Rule to OMB
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued the following statement after the Environmental Protection Agency (EPA) announced that a revised Waters of the U.S. rule has been sent to the Office of Management and Budget (OMB).
More than 30 Percent of Multifamily Development Cost Attributable to Regulation, According to New...
Regulation imposed by all levels of government accounts for an average of 32.1 percent of multifamily development costs, according to new research released today by the National Association of Home Builders (NAHB) and the National Multifamily Housing Council (NMHC). In fact, in a quarter of cases, that number can reach as high as 42.6 percent.
Statement from NAHB Chairman Randy Noel on Congressional Lumber Letter
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 a congressional lettersigned by 172 members of Congress urging the Trump administration to restart lumber trade talks with Canada:
Statement from NAHB Chairman Randy Noel on Democratic Housing Task Force
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 a report by the New Democrat Coalition Housing Task Force
