Posts Tagged ‘ Housing ’

Inflation Reduction Act Signed into Law without NAHB Support

Sep 15th, 2022

The passage of the Inflation Reduction Act in August and subsequent signing of the legislation into law by President Joe Biden lacks support from the National Association of Home Builders (NAHB). The association calls the measure “flawed” as it reportedly fails to ease inflationary pressures on housing while at the same time advancing building and […]

FGIA Economic Outlook Addresses Turmoil in Europe and COVID Recovery

Mar 7th, 2022

Dr. Chris Kuehl, managing director of Armada Corporate Intelligence, provided an economic outlook for the United States and Canada during the Fenestration and Glazing Industry Alliance (FGIA) 2022 Annual Conference that took place last week in Amelia Island, Fla. He addressed the mounting challenges and potential impacts of the Russian invasion of Ukraine. Ukraine and […]

After Slow First Quarter, Top Expert Sees Another Strong Year for Housing

Jan 25th, 2021

While 2020 will forever represent a blight on world history, so far as the U.S. economy is concerned it managed to include one bright spot: housing. In January 2020, ahead of the coronavirus, leading experts told [DWM] that even if an economic downturn were to occur, residential construction was expected to continue, despite the circumstances. […]

New Housing Numbers Show Signs of Continued Growth

Jun 18th, 2020

In a sign that the housing market continues to show forward momentum, single-family permits posted an 11.9% gain in May, while total housing starts increased 4.3% to a seasonally adjusted annual rate of 974,000 units, according to a report from the U.S. Housing and Urban Development and Commerce Department. The May reading of 974,000 starts […]

New Home Sales Trend Higher in November

Dec 27th, 2019

Sales of newly built, single-family homes increased 1.3% to a seasonally adjusted annual rate of 719,000 units in November, off a downwardly revised October reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the fourth consecutive month that sales topped 700,000. “Fueled […]

Single-Family Starts Increase Levels Out Totals in June

Jul 17th, 2019

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 […]

Single-Family Home Sales Reflect Challenges Faced by Homebuilders

Jun 7th, 2019

As homebuilders continue to face challenges when it comes to labor shortages, lot prices and increasing costs for materials, officials from the National Association of Home Builders (NAHB) say they’re also seeing decreases in single-family sales. In the meantime, a survey of NAHB members indicates that builders are packing up and moving to the exurbs, […]

NAHB Implores Congress to Reduce Multifamily Development Fees

Sep 6th, 2018

Yesterday, the National Association of Home Builders (NAHB) told Congress that excessive regulations are causing higher rent and reduced affordability for customers. Steve Lawson, chairman of The Lawson Companies based in Virginia, testified on behalf of the NAHB before the House Financial Services Subcommittee on Housing and Insurance. He told the subcommittee that overregulation of […]

New Home Sales Highest in a Decade

Dec 27th, 2017

Sales of newly built, single-family homes in November rose 17.5 percent to a seasonally adjusted annual rate of 733,000 units, according to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the highest sales pace since July 2007. Year-to-date, new home sales are 9.1 percent above their level over […]

Survey: Average New Single-Family Home Shrinks in 2016

Dec 8th, 2017

According to the U.S. Census Bureau’s recently published Survey of Construction, the median size of a completed single-family home was 2,422 square feet in 2016, down from the 2015 average of 2,689 square feet. That could have implications for the new-construction side of the door and window industry. In 2016, 27 percent of new houses […]

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