The National Association of Home Builders (NAHB) is urging members and all residential construction companies, to halt work for at least 10 minutes on Thursday, April 16, to educate workers on what they should do to keep themselves safe from the coronavirus and to help “flatten the curve” for everyone. NAHB has developed a blueprint […]

In an effort spearheaded by the National Association of Home Builders (NAHB), 90 companies and organizations called on the Department of Homeland Security (DHS) to designate construction of single-family and multifamily housing as an “Essential Infrastructure Business.” In a joint letter to Acting Secretary of Homeland Security, Jack Wolf, the 90 organizations and suppliers said […]

Sales of newly built, single-family homes fell 4.4% to a seasonally adjusted annual rate of 765,000 units in February, coming off a sharp upward revision in January, according to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau’s most recent data. The February rate is 14.3% higher than the February 2019 […]

Total housing starts decreased 1.5% in February from an upwardly revised January reading to a seasonally adjusted annual rate of 1.60 million units, according to a report from the U.S. Housing and Urban Development and Commerce Department. Meanwhile, overall permits declined 5.5% to 1.46 million. The February reading of 1.60 million is the number of […]

Sales of newly built, single-family homes rose 7.9% to a seasonally adjusted annual rate of 764,000 units in January, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This improvement follows an upward revision in December. The monthly number is 18.6% higher than the January […]

U.S. Housing and Urban Development and Commerce Department reported a 3.6 percent decrease in total housing starts in January compared to an upwardly revised December reading. Those numbers lead to a seasonally adjusted annual rate of 1.57 million units, according to the report. Meanwhile, overall permits surged to a 13-year high. The January reading of […]

After an overwhelming majority vote in the Senate last week, President Donald Trump has officially signed the United States Mexico Canada Agreement (USMCA) trade deal in a ceremony that took place at the White House today. The USMCA replaces the nearly 25-year-old trade deal North American Free Trade Agreement (NAFTA). “Everybody said this was a […]