Posts Tagged ‘ National Association of Homebuilders (NAHB) ’

HMI Shows Builder Confidence Up for Second Month

Feb 16th, 2023

Mortgage rates were a contributing factor that helped provide “solid” gains in builder confidence for the second consecutive month, said officials for the National Association of Homebuilders (NAHB). NAHB views recent improvement as a signal that the housing market may be turning a corner, officials said, even as builders continue to contend with high construction […]

Economy Has Builders Decreasing Prices, Increasing Incentives

Dec 13th, 2022

Earlier this month the National Association of Homebuilders (NAHB) confirmed what some commercial media outlets have reported recently: builders are increasingly reducing prices and offering special sales incentives. It’s not a new tactic, and while it’s been used before, the NAHB reports that those measures currently are not being used at the same rate at […]

Labor Department Proposes New Rule for Classifying Independent Contractor Status

Oct 24th, 2022

On Oct. 13, the U.S. Department of Labor (DOL) proposed a rule change in its process for classifying workers as employees versus independent contractors under the Fair Labor Standards Act (FLSA). The proposed rule would use a six-factor “economic reality test” to to determine whether a worker is economically dependent on the employer or in […]

NAHB: Put Your Guard Up on Jobsites to Prevent Falls

Oct 17th, 2022

An initiative of Builders Mutual, with the National Association of Homebuilders (NAHB) and the Job-Site Safety Institute as partners, the third annual Guardrail Safety Week runs Oct. 17-21. The week is a public awareness campaign on the effectiveness of properly installed guardrails to prevent fall injuries during the homebuilding process. The campaign focuses on the […]

NAHB: Builder Confidence Falls for Nine Months Straight

Sep 20th, 2022

According to the National Association of Homebuilders (NAHB)/Wells Fargo Housing Market Index (HMI) released this week, builder confidence in the market for newly built single-family homes fell three points in September to 46—marking nine consecutive months of decline. Aside from the spring of 2020, when the COVID-19 pandemic stalled nearly everything in the U.S., the […]

The NAHB’s Children’s Book Makes Impact in Construction Industry, Wins Prestigious Award

Sep 16th, 2022

BuilderBooks, the publishing arm of the National Association of Homebuilders (NAHB), released a children’s book a year ago, “The House That She Built.” The publication, written by Mollie Elkman, was inspired by the team of real women who came together from around the country to build a one-of-a-kind home in Utah: The House That SHE […]

Inflation Reduction Act Signed into Law without NAHB Support

Sep 15th, 2022

The passage of the Inflation Reduction Act in August and subsequent signing of the legislation into law by President Joe Biden lacks support from the National Association of Home Builders (NAHB). The association calls the measure “flawed” as it reportedly fails to ease inflationary pressures on housing while at the same time advancing building and […]

‘Opportunity for the Future’ of Residential Construction

Sep 12th, 2022

Many companies, including JELD-WEN with its Women’s Network, are taking note of the opportunities available by increasing the number of women in the workforce. Faced with labor shortages, it’s no secret that the industry is looking to bolster its workforce by tapping into a previously untapped employee market. The National Association of Home Builders kicked […]

NAHB: Shift in Single-Family Home Building Toward Smaller Markets Continues

Sep 8th, 2022

The National Association of Homebuilders (NAHB) reports that new findings from its Home Building Geography Index (HBGI) show a shift in home building activity over the past 30 months. Factors in those changes include: notable slowing in large, metro urban areas as a result of initial COVID migration effects, followed by declines in housing affordability […]

New Home Sales Fall to Lowest Pace in More than Six Years

Aug 29th, 2022

The National Association of Homebuilders (NAHB) reported last week that new home sales in July fell to their lowest level since January 2016. Tepid sales pace matches declining builder confidence as reported by the association since the beginning of the year, as the industry grapples with supply chain disruptions that are delaying new home building […]

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