In a construction forecast webinar held Wednesday by the National Association of Home Builders (NAHB), chief economist David Crowe said housing numbers will continue to recover. As gross domestic product continues improve, the true force behind it is housing. “What is important about the growth this time around it is its finally being driven by housing [...]

A recent study from the National Association of Home Builders (NAHB) shows variations in home buyer preferences with regards to home size when it comes to age, race and ethnicity. NAHB’s “What Home Buyers Really Want,” surveyed more than 3,600 home buyers across the country on various characteristics of new homes. Based on the results, [...]

Experts at the International Builders’ Show in Las Vegas say residential remodeling will slowly and steadily improve during 2013. The National Association of Home Builders (NAHB) projects that remodeling spending for single-family, owner-occupied homes will increase 2.4 percent in 2013 and see an additional growth of 1.4 percent in 2014. “We are more confident about [...]

Economists speaking at the International Builders’ Show in Las Vegas say the housing market will begin to pick up speed in its recovery during 2013, but note that this growth may be met with some opposition. “Nearly every measure of housing market strength—sales, starts, prices, permits and builder confidence—has been trending upward in recent months [...]

The Associated Builders and Contractors Inc. (ABC) hosted its 2012 mid-year construction forecast earlier this week. Kermit Baker, chief economist for the American Institute of Architects; David Crowe, chief economist and senior vice president of the National Association of Home Builders; and Anirban Basu, ABC chief economist, provided differing projections for construction industry sectors, which [...]