News/Blog
EPA Seeks to Revise Definition of Waters of the U.S.
The U.S. Environmental Protection Agency (EPA) and Department of the Army (the agencies) have announced their intent to revise the definition of “waters of the United States” (WOTUS). EPA Administrator Michael Regan says that the Navigable Waters Protection Rule...
Mental Health Action Day Reveals Huge Demand for Resources
NAHB proudly participated in the first-ever Mental Health Action Day on May 20 as a part of a coalition of more than 1,400 organizations and brands focused on turning mental health awareness into action. Organized by MTV, the day of action focused special attention on...
How Lumber Prices Are Hammering Housing Affordability for Home Owners
Skyrocketing lumber prices and supply-chain challenges continue to slow home construction, even amid higher demand. Both new home sales and existing home sales have cooled as prospective buyers are priced out of the market. As appraisals...
Building Costs Skyrocket Over the Past 12 Months
Building material costs have soared 26.1% on average over the past 12 months, according to a recent survey of single-family builders asking how much costs have increased for the same house over the last year. It’s no coincidence that this same May survey for the...
Judge Affirms NAHB Members Exempt from CDC Eviction Moratorium; Other Landlords Are Not
A federal judge has reaffirmed that members of NAHB are exempt from the nationwide eviction moratorium imposed by the Centers for Disease and Control Prevention (CDC), but ruled that the exemption only applied to the plaintiffs in the case (including NAHB members) and...
Record Number of Builders Report Material Shortages
Shortages of materials are now more widespread than at any at any time since NAHB began tracking the issue in the 1990s, with more than 90% of builders reporting shortages of appliances, framing lumber and OSB. Exactly 90% said there was a shortage of plywood, and...
Biden Housing Plan Proposes Unprecedented Labor Mandates
The White House on Wednesday unveiled details of its plan to produce, preserve and retrofit 2 million affordable housing units under the American Jobs Plan. While the plan calls for expanding the Low Income Housing Tax Credit (LIHTC), HOME Investment Partnerships...
New Home Sales Soften in April with Growing Housing Affordability Concerns
Rising building materials costs and low inventory have caused new home sales prices to jump 20% on a year-over-year basis, harming housing affordability and driving down the pace of new home sales. Sales of newly built, single-family homes fell 5.9%, following a...
Real Estate Industry Unified Against White House Tax Proposals
NAHB, along with the major real estate trade associations representing both the commercial and residential real estate sectors, pushed back in identical joint statements to the House Ways and Means Committee and the Senate Finance Committee on tax increases proposed...
