The Window & Door Manufacturers Association (WDMA) released its 2023 National Policy Agenda, in which it calls on the federal government to pursue policy “conducive to sustainable economic growth.” The association also calls attention to energy conservation goals, immigration reform and more. WDMA officials say they’ve worked with Congress and the White House over the […]

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 […]

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 […]

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. […]

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 […]

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 […]

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 […]

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, […]

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 […]

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 […]