Total housing starts dipped slightly by 0.9% in June with single-family gains offsetting a drop in multi-family production according to a report from the U.S. Housing and Urban Development and Commerce Department. The adjusted seasonal annual rate of 1.25 million units is the projected total of starts builders would begin if they kept the same […]

The U.S. Housing and Urban Development and Commerce Department reports housing starts declined 0.9 percent in May to a seasonally adjusted annual rate of 1.27 million units from an upwardly revised reading in April. The May reading reflects the number of housing units builders would begin if they kept this pace for the next 12 […]

According to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), builder confidence in the newly-built single-family homes market fell two points to in June. Sentiment levels have held at a solid range in the low- to mid-60s for the past five months. The HMI level in May 2019 (66) was the […]

After more than a year of work with multiple organizations, the National Association of Home Builders (NAHB) released “Opioids in the Home Building Industry: Making it Your Business,” a guide of resources aimed at helping residential construction companies address the opioid crisis impacting the industry. People who work in construction are significantly more likely to […]

June is National Homeownership Month, and officials for the National Association of Home Builders (NAHB) say its members are urging Congress to address one of American’s biggest deterrents from celebrating: affordability. “Removing regulatory barriers that contribute to the increased costs of housing will pave the way to homeownership,” says NAHB chairman Greg Ugalde, a builder […]

According to the Housing Opportunity Index (HOI) released by the National Association of Home Builders (NAHB) and Wells Fargo last week, housing affordability increased during the first quarter of 2019 due to decreasing mortgage rates, lower home prices and rising wages. With those improvements, however, comes additional challenges, said NAHB chairman Greg Ugalde. “While the […]