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NAHB: Over half of home’s sales price goes to construction costs

The National Association of Home Builders’ (NAHB) latest Cost of Construction Survey revealed 60.8% of the average home sales price consisted of construction costs...
Home sales affordabiity declines

NAHB: Housing affordability declines again, but turning point ahead

Mirroring a steep rise in mortgage rates that began in the early part of 2022 and coupled with ongoing building material supply chain bottlenecks...
Construction jobs

NAHB: More than 200,000 construction jobs added in past year

Year over year, construction sector jobs in the United States increased by 248,000 in the year ending in November 2022, a 3.3% increase compared...
Builder confidence drops

NAHB report: Builder confidence declined every month in 2022

High mortgage rates, elevated construction costs running well above the inflation rate, and flagging consumer demand due to deteriorating affordability conditions have dragged builder...
Housing affordability transformers

NAHB, other trade groups urge Congress to act on transformer supply issues

The National Association of Home Builders (NAHB), along with five other building and utility trade groups, recently sent a joint letter to leaders of...
NAHB Big Build snack-tivity

‘The Big Build’ introduces a new generation of builders

The National Association of Home Builders (NAHB) participated in “The Big Build” at the National Building Museum in Washington, D.C. in early November. The event's...
Builder confidence drops

Builder confidence drops for tenth straight month

In a further signal that rising interest rates, building material bottlenecks and elevated home prices continue to weaken the housing market, builder sentiment fell...
Builder confidence drops

New home sales up in August

A brief decline in mortgage rates helped to boost new home sales in August, but sales are expected to move on a downward trend...
Builder confidence drops

Housing recession deepening, NAHB chief economist says

Rising mortgage rates, high inflation, low existing inventory and elevated home prices caused housing affordability to fall to its lowest point since the Great...
Robert Dietz Iowa City HBA

Iowa City HBA to host housing expert Robert Dietz

The Greater Iowa City Area Home Builders Association (HBA) will host Robert Dietz, chief economist and senior vice president for economics and housing policy...

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