Last week, the Biden-Harris Administration provided a progress update regarding the implementation of its Housing Supply Action Plan, which in May outlined a set of administrative and legislative priorities aimed at closing the housing supply shortfall in five years. A White House press release reports that President Biden believes that policies to boost the supply […]

The National Association of Homebuilders (NAHB) reported last week that new home sales in July fell to their lowest level since January 2016. Tepid sales pace matches declining builder confidence as reported by the association since the beginning of the year, as the industry grapples with supply chain disruptions that are delaying new home building […]

Earlier this week, President Biden released a “Housing Supply Action Plan to ease the burden of housing costs over time, by boosting the supply of quality housing in every community.” According to a press release on the White House press page, the goal of the plan is to close the housing supply gap within five […]