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

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 […]

New Girl Scout Patch Program Introduces Young Girls to Careers in Construction

Apr 14th, 2022

There’s a new patch program for Girl Scouts across the country designed to empower girls to think about STEAM (science, technology, engineering, arts and mathematics) and construction by meeting real professional women in building. Dubbed “The House That She Built,” the program was created by Mollie Elkman, the author of the children’s book of the […]

Nation’s Home Builders Elect Leadership for 2022

Feb 14th, 2022

NAHB members elected four senior officers to top leadership positions within the Federation at the conclusion of last week’s NAHB Leadership Meetings at the 2022 International Builders’ Show. Jerry Konter, a Georgia-based homebuilder and developer with more than 40 years of experience in the homebuilding industry was elected to chairman of the board this year. […]

As Housing Cools to a Normal Pace, Here’s What to Watch

Jan 27th, 2022

While the impacts of COVID-19 have worked to “cool off” the new homes market, analysts at the National Association of Home Builders (NAHB) predict total housing starts for the single-family market are expected to continue growing, albeit at more modest patterns. The association predicts an increase from around 1,099,000 units in 2021 to 1,110,000 in […]

Gauges for Builder Confidence and Architectural Billings Offset

Aug 26th, 2021

Two leading indicators for construction forecasting registered opposing measures last week—one pointing to a downturn in builder confidence, while the other indicates more construction projects could be on the way for multifamily. The National Association of Home Builders (NAHB) announced that builder confidence reached a 13-month low, according to the NAHB/Wells Fargo Housing Market Index […]

Single-Family Starts Steady in May

Jun 21st, 2021

A recent report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau shows overall housing starts increased 3.6% in May to a seasonally adjusted annual rate of 1.57 million units off of a downwardly revised April reading. The May reading of 1.57 million starts is the number of housing units […]

NAHB: Rising Material Challenges Drives Declining Builder Sentiment

Jun 17th, 2021

The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released this week shows that builder confidence in the market for newly built single-family homes fell two points to 81 in June, its lowest level since August 2020. Even with the rising material prices and supply chain shortages that caused the monthly […]

Change the Thermostat All You Want, Someone Will Always Be Unhappy

May 25th, 2021

For 15 years now, it seems, I’ve had a file on my desk labeled “Softwood Lumber.” Well, maybe not a crinkled up, over-stuffed, physical folder, but at least a collection of digital files and research. I say, “it seems,” because I’m speaking somewhat figuratively. Point being this topic has been part of my life and […]

Associations Press for Interventions Over Lumber Prices at the Highest Levels

May 24th, 2021

The costs for building materials remains a red-hot issue for suppliers and construction firms, as representative associations plea with government officials to investigate and take action. In late March, a cohort of 36 construction-related organizations, including the National Lumber and Building Material Dealers Association (NLBMDA), the National Association of Home Builders (NAHB) and the Associated […]

As Home Prices Rise Owners Also Set to Spend More on Improvements

Apr 20th, 2021

After the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) showed a slight dip in builder confidence in March, data from the U.S. Census Bureau shows a rise in building permits issued for the same month, along with a sharp year-over-year increase. In March, officials for NAHB pointed to material costs and […]

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