Posts Tagged ‘ mortgage rates ’

NAHB Urges Congress Take Action to Ease Housing Affordability Crisis

Jul 25th, 2022

At a Senate Finance Committee hearing last week regarding the role of tax incentives in affordable housing, the National Association of Home Builders (NAHB) told Congress that the housing affordability crisis is far-reaching and will require action on several fronts, not just the tax arena. “The housing affordability crisis is the result of failing to […]

Continued High Consumer Demand Leads to Jump in New Home Sales

Dec 28th, 2021

Newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau shows that new home sales posted a solid gain last month, driven by strong buyer demand, low existing home inventory and buyers’ anticipation of higher mortgage rates. “Our members are seeing strong buyer traffic as continued low mortgage […]

Construction Outlook: Regarding Labor, No Good News to be Found

Oct 18th, 2021

Annual predictions surrounding housing starts and remodeling activity always include a mix of good and bad news. Perhaps remodeling activity was strong, but housing starts were stagnant. Often, economists would point to the future, even a year or two out, and have some end in sight—a sign of hope. This year, when Kermit Baker, chief […]

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