Tag: NAHB
Residential building worker wages continue to rise
Compared to a year ago, average hourly earnings for residential building workers continue to rise, as the construction labor market remains tight, the National...
Supply chain issues slow residential construction permits in January
Over the first month of 2022, the total number of single-family permits issued year-to-date (YTD) nationwide reached 83,404, according to the National Association of...
NAHB report: Nearly seven in 10 households can’t afford new median-priced home
Rising home prices and interest rates are taking a terrible toll on housing affordability, with 87.5 million households — or roughly 69% of all...
NAHB: Home prices discourage a growing segment of prospective buyers
The share of prospective buyers actively trying to find a home fell in both the third (57%) and fourth quarters (52%) of 2021, after...
Builder confidence edges lower on inflation fears
Growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in builder sentiment even as consumer demand remains robust. Builder confidence in...
Home builder confidence edges lower on inflation concerns
Growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in home builder sentiment even as consumer demand remains robust. Builder confidence...
NAHB: Private residential spending rises in November
An analysis of Census Construction Spending data by the National Association of Home Builders, released Jan. 3, shows that total private residential construction spending...
NAHB: Construction loan growth hits post-recession high in third quarter
Residential construction loan volume reached a post-Great Recession high during the third quarter, as home building activity continued to expand in 2021, according to...
Single-family home size continues to trend higher, NAHB report shows
An expected impact of the COVID-19 pandemic crisis is a need for more residential space, as people use homes for more purposes including work....
Number of women in construction edges higher
The number of women employed in the construction industry in the United States grew slightly in 2020, rising to around 1.17 million workers. The...