The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) reports that Builder confidence in the market for newly-built single-family homes rose one point in July. Now at 65, sentiment levels have held at a steady low- to- mid-60s range for the past six months. However, optimism in rising numbers is mixed with concern […]

The U.S. Housing and Urban Development and Commerce Department reports housing starts declined 0.9 percent in May to a seasonally adjusted annual rate of 1.27 million units from an upwardly revised reading in April. The May reading reflects the number of housing units builders would begin if they kept this pace for the next 12 […]

Labor shortage, decline in workforce, trade skills gap—use whatever term you’d like, but they all amount to the same set of challenges for home building and remodeling companies. Some blame the Great Recession for thinning out workers, while others think a lack of emphasis on trades during schooling has left them without a viable workforce. […]

After more than a year of work with multiple organizations, the National Association of Home Builders (NAHB) released “Opioids in the Home Building Industry: Making it Your Business,” a guide of resources aimed at helping residential construction companies address the opioid crisis impacting the industry. People who work in construction are significantly more likely to […]

As homebuilders continue to face challenges when it comes to labor shortages, lot prices and increasing costs for materials, officials from the National Association of Home Builders (NAHB) say they’re also seeing decreases in single-family sales. In the meantime, a survey of NAHB members indicates that builders are packing up and moving to the exurbs, […]

As the National Association of Home Builders (NAHB) notes continued labor shortages throughout the residential construction and remodeling industries, training and certification programs have surfaced in high schools and community colleges nationwide, helping to address the issue. In Virginia, Governor Ralph Northam launched the Build Virginia initiative, geared toward helping the state’s job seekers to […]

According to a survey conducted by Home Innovation Research Labs, an independent subsidiary of the National Association of Home Builders, the average size of American homes is decreasing. At the same time, the numbers of luxury and move-up homes being constructed and purchased are declining, as buyers veer toward more starter homes, the survey reveals. […]

According to the Housing Opportunity Index (HOI) released by the National Association of Home Builders (NAHB) and Wells Fargo last week, housing affordability increased during the first quarter of 2019 due to decreasing mortgage rates, lower home prices and rising wages. With those improvements, however, comes additional challenges, said NAHB chairman Greg Ugalde. “While the […]

Newly released data from the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau indicate that sales of newly built, single-family homes rose last month to the highest sales pace since November 2017, after a slightly revised February report. Those gains, National Association of Home Builders (NAHB) officials say, arrive mostly […]

The National Association of Home Builders (NAHB) issued a commendation to President Trump for signing a memorandum last week directing relevant agencies to develop a plan to help more Americans achieve homeownership. “We applaud the president for taking an active leadership role to revamp the nation’s housing finance system,” said NAHB Chairman Greg Ugalde, a […]