News/Blog
NAHB Moves Swiftly to Advance Cause of Fair Housing
President Trump tweeted comments on repealing the Affirmatively Furthering Fair Housing (AFFH) rule earlier this week that caused concern within the housing community. Trump told suburban residents that they would “no longer be bothered” by having low-income housing...
Addressing Labor Shortage Key to Improving Affordability, Providing Job Opportunities in Wake of COVID-19
The coronavirus has affected the economy in a number of ways — one being the housing market. A recent episode of the “Building the Dream” series from TheHill.TV looks at housing as an area that can boost the economic recovery, but only if the workforce is in...
Low Mortgage Rates Pushing Prospective Buyers Off the Fence
Of the 11% of American adults considering a future home purchase in the second quarter of 2020, about half (49%) are not simply planning it, they are actively engaged in the process to find a home, according to the latest quarterly Housing Trends Report. That is a...
Affordability Expectations Show Slight Improvement
Just 24% of prospective buyers can afford at least half the homes available in their markets, according to the second quarter of 2020’s Housing Trends Report. The other 77% are able to afford fewer than half the homes. Although these results demonstrate...
A Housing Upturn as Concerns Grow for Lumber, Material Costs
The following analysis was recently published in NAHB’s bi-weekly e-newsletter Eye On the Economy by Chief Economist Robert Dietz: The remarkably strong data for home construction has continued in recent weeks. The NAHB/Wells Fargo Housing Market Index...
New Home Sales Reach Highest Level Since Great Recession
In a sign that the housing market is leading the economy during the coronavirus outbreak, sales of newly built, single-family homes rose to their highest level since the Great Recession, up 13.8% to a seasonally adjusted annual rate of 776,000 units in June, according...
Pending New-Home Sales Hit Index High in June
The new-home market reached levels not seen since 2007, says Meyers Research The latest New Home Pending Sales Index (PSI) from Meyers Research for June 2020, backed by data from Zonda and Metrostudy, shows pending sales increased month over month and year over year...
A Vital Lifeline for the Production of Affordable Housing
The Low-Income Housing Tax Credit (LIHTC) plays a critical role in the housing market by ensuring a supply of attainable rental housing. Created as part of the 1986 tax reform legislation, the LIHTC has been responsible for financing the development or preservation...
THE BIG BUILDER’S DILEMMA: BUYER’S REMORSE LOOMS LARGE AS NEW BETS ON LAND GO DOWN
Here's how buyer momentum works as a double-edged sword among home builders, and why they must pivot away from all-in focus on costs to become value-generators. By John McManus from Builder Magazine Wall StreetTeslasNew homes Three economic juggernauts continue to...
