Tag: NAHB
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...
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...
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...
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...
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...
‘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 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...
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...
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...
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...