The National Association of Home Builders (NAHB) posted several updates last week reporting both good and bad news for the housing industry. While starts for…
NAHB/Wells Fargo Cost of Housing Index (CHI)
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2024 Ending on Changes in Mortgage Rates and Builder Confidence
The National Association of Homebuilders (NAHB) reported recently that, according to Freddie Mac, housing starts edged lower in October as average monthly mortgage rates increased…
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Summer Housing Market Sends Mixed Signals
While housing starts decreased and the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) showed builder confidence down, sales of new homes…
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U.S. Hikes Tariffs on Lumber Drawing Criticism on Both Sides of the Border
In February 2024, officials for the U.S. Department of Commerce indicated they would raise tariffs this year on imports of Canadian softwood lumber products from…