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 […]

Confidence in the market for new multifamily housing weakened significantly in the first quarter of 2020, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The survey was conducted during the first part of April. The MMS produces two separate indices. The Multifamily Production Index […]

The National Association of Home Builders (NAHB) has shown its support for the recent Senate confirmation of Brian Montgomery as deputy secretary of the U.S. Department of Housing and Urban Development (HUD) with a recent statement from Jerry Howard, NAHB CEO. “NAHB applauds the Senate confirmation of Brian Montgomery as the new deputy secretary of […]

The U.S. Housing and Urban Development and Commerce Department recently released a report that states total housing has decreased by 22.3% in March. This resulted from a downwardly revised February reading to a seasonally adjusted annual rate of 1.22 million units, according to a report. Meanwhile, overall permits declined 6.8% to 1.35 million. The March […]

NLBMDA recently announced its support for the National Association of Home Builders (NAHB) effort for companies to halt work for at least 10 minutes on Thursday, April 16, 2020 for a COVID-19 job site safety stand down to educate workers on what they should do to keep themselves safe from COVID-19. NAHB cites the Department […]

The National Association of Home Builders (NAHB) is urging members and all residential construction companies, to halt work for at least 10 minutes on Thursday, April 16, to educate workers on what they should do to keep themselves safe from the coronavirus and to help “flatten the curve” for everyone. NAHB has developed a blueprint […]

A new study from the National Association of Home Builders (NAHB) shows that housing stands poised to lead the economic rebound once social distancing and other virus mitigation efforts show success in containing the coronavirus pandemic. Building 1,000 average single-family homes creates 2,900 full-time jobs and generates $110.96 million in taxes and fees for all […]

In an effort spearheaded by the National Association of Home Builders (NAHB), 90 companies and organizations called on the Department of Homeland Security (DHS) to designate construction of single-family and multifamily housing as an “Essential Infrastructure Business.” In a joint letter to Acting Secretary of Homeland Security, Jack Wolf, the 90 organizations and suppliers said […]

Sales of newly built, single-family homes fell 4.4% to a seasonally adjusted annual rate of 765,000 units in February, coming off a sharp upward revision in January, according to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau’s most recent data. The February rate is 14.3% higher than the February 2019 […]

Total housing starts decreased 1.5% in February from an upwardly revised January reading to a seasonally adjusted annual rate of 1.60 million units, according to a report from the U.S. Housing and Urban Development and Commerce Department. Meanwhile, overall permits declined 5.5% to 1.46 million. The February reading of 1.60 million is the number of […]