The outlook among homebuilders improved in May, as production for single-family projects saw its highest rate yet in 2023. Confidence in the market for newly built single-family homes rose by five points to 50, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The improvement marks a fifth straight month […]

Four U.S. senators reintroduced the Training America’s Workforce Act last week, a bill they say would make apprenticeships more responsive to industry workforce needs. For the door and window industries, that could mean more on-the-job training and classroom instruction to help take a bite out of workforce shortages. U.S. Sens. John Thune (R-S.D.), Tim Scott […]

High construction costs and elevated interest rates continue to hamper housing affordability, but March had builders showing a “cautious optimism,” as demand shifts to the new home market. Builder confidence in the market for newly built single-family homes in March rose two points to 44, according to the most recent National Association of Home Builders […]

Mortgage rates were a contributing factor that helped provide “solid” gains in builder confidence for the second consecutive month, said officials for the National Association of Homebuilders (NAHB). NAHB views recent improvement as a signal that the housing market may be turning a corner, officials said, even as builders continue to contend with high construction […]

President Joe Biden delivered his annual State of the Union address Tuesday, touting accomplishments ranging from economic recovery and record-low unemployment to a new bipartisan infrastructure law. “Two years ago, the economy was reeling,” the president told a joint session of Congress. “I stand here tonight, after we’ve created, with the help of many people […]

BuilderBooks, the publishing arm of the National Association of Homebuilders (NAHB), released a children’s book a year ago, “The House That She Built.” The publication, written by Mollie Elkman, was inspired by the team of real women who came together from around the country to build a one-of-a-kind home in Utah: The House That SHE […]

There’s a new patch program for Girl Scouts across the country designed to empower girls to think about STEAM (science, technology, engineering, arts and mathematics) and construction by meeting real professional women in building. Dubbed “The House That She Built,” the program was created by Mollie Elkman, the author of the children’s book of the […]

NAHB members elected four senior officers to top leadership positions within the Federation at the conclusion of last week’s NAHB Leadership Meetings at the 2022 International Builders’ Show. Jerry Konter, a Georgia-based homebuilder and developer with more than 40 years of experience in the homebuilding industry was elected to chairman of the board this year. […]

The National Association of Home Builders (NAHB) reports that millions of potential home buyers are being priced out of the market thanks to soaring lumber prices, which are adding thousands of dollars to the cost of a new home and impeding the residential construction sector from moving the economy forward. The organization is hoping the […]