Posts Tagged ‘ NAHB ’

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 […]

COVID-19 Concerns Cause Weakening in Multifamily Builder and Developer Confidence in First Quarter

May 21st, 2020

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 […]

NAHB Commends Choice of Brian Montgomery as HUD Deputy Secretary

May 14th, 2020

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 […]

Housing Starts Down in March Due to Coronavirus Effects

Apr 16th, 2020

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 Supports April 16 COVID-19 Safety “Stand Down”

Apr 13th, 2020

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 […]

NAHB Calls for a Pause on Construction Sites to Educate Workers on Coronavirus Safety

Apr 9th, 2020

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 […]

What Building 1,000 Homes Means for the U.S. Economy

Apr 2nd, 2020

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 […]

90 Organizations Urge DHS to Designate Residential Construction “Essential”

Mar 27th, 2020

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 […]

New Home Sales Data Shows Housing on Strong Footing Prior to Virus Concerns

Mar 24th, 2020

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 […]

Single-Family Housing Starts Up in February, but Challenges Lie Ahead

Mar 19th, 2020

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 […]

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