Posts Tagged ‘ National Association of Home Builders (NAHB) ’

Confidence in Single-Family Housing Contraction Continues in October

Nov 21st, 2022

The National Association of Home Builders (NAHB) points to continued elevated interest rates, high building material costs and declining affordability conditions pushing buyers to the sidelines as the source of the continued drag on builder sentiment. NAHB recorded the lowest confidence reading since June 2012 with the exception of the onset of the pandemic in […]

Help is on the way for the Door and Window Industry

Oct 25th, 2022

October has been an exciting month for the future of the residential door and window industry as young people from throughout the country try their hand at the trades. From Massachusetts to Oregon, educational institutions are buying in and highlighting alternative career paths for students. Higher housing costs, increased home prices, difficulty completing projects on […]

NAHB: Builder Confidence Continues Downward Slide, Housing Market Continues to Weaken

Oct 20th, 2022

According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) builder sentiment fell for the 10th straight month in October and traffic of prospective buyers fell to its lowest level since 2012 (excluding the two-month period in the spring of 2020 at the beginning of the pandemic). The association attributes the […]

Positive Outlooks Reported for Single-Family, Multi-Family and Remodeling Efforts

Sep 27th, 2022

The Fenestration and Glazing Industry Alliance (FGIA) Hybrid Fall Conference continued on Tuesday, Sept. 27 with Michael Collins of EquiNova Capital Partners LLC, updating attendees on the construction and remodeling outlook for 2022. While the National Association of Home Builders (NAHB) projects decreases in single-family housing starts in the years to come, Collins says those […]

NAHB: Builder Confidence Underwater After Falling for Eighth Consecutive Month

Aug 16th, 2022

The National Association of Homebuilders (NAHB) reports that builder confidence fell for the eighth straight month in August as elevated interest rates, ongoing supply chain problems and high home prices continue to exacerbate housing affordability challenges. In another sign that a declining housing market has failed to bottom out, builder confidence in the market for […]

Department of Treasury Sets New Guidance on Affordable Housing Development; NAHB Chair Responds

Jul 29th, 2022

The U.S. Department of the Treasury announced new guidance this week to increase the ability of state, local, and tribal governments to use American Rescue Plan (ARP) funds to boost the supply of affordable housing in their communities. A Department of Treasury press release says the step follows a commitment in the Administration’s recently released […]

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 […]

Remodeling Index Shows Decline in Confidence but Remains Positive

Jul 15th, 2022

The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter, showing a year-over-year decline of 10 points. The NAHB/Westlake Royal RMI survey asks remodelers to rate five components of the remodeling market as “good,” “fair” or “poor,” measuring each question on a scale from 0 to […]

NAHB Awards Program Now Accepting Applications

Jul 12th, 2022

The National Association of Home Builders (NAHB) announced the opening of its NAHB Awards Program, which highlights the best and brightest from the residential construction industry across a variety of categories. Applications are now open across 15 categories, including: Builders Mutual Safety Award for Excellence, the home building industry’s only award recognizing professionals who have […]

Builder Confidence Drops for Fifth Straight Month

May 20th, 2022

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), released earlier this week, points to falling builder confidence in the market for newly built single-family homes, a sign that the organization says indicates the housing market is now slowing. Builder confidence fell eight points in May, to 69, as growing affordability challenges—rapidly […]

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