News/Blog
Home Purchase Plans Little Changed by COVID-19
The share of Americans who are considering the purchase of a home in the next 12 months was 11% in the second quarter of 2020, essentially flat when compared to the same quarter in 2019 (12%), according to NAHB’s latest Housing Trends Report. In light of the...
Did you know? New Virginia labor laws make the independent contractor status unlikely
BY KAREN MICHAEL Special correspondent to Richmond Times Dispatch Karen Michael is an attorney with Richmond-based KarenMichael PLC. Virginia’s new employment misclassification laws make it very likely that any independent contractor working with your organization is...
Did you know? Subcontractors and Specialty Contractors Are the Largest Share of Associate Members
Constructing a new home — from developing the lot to handing the keys over to the buyer — is a complex process involving numerous specialists in a wide range of fields. That complexity is reflected in the number and variety of professions represented among the ranks...
NAHB Pushes Housing Priorities in Next Coronavirus Relief Package
As Congress begins work on its next coronavirus relief package, NAHB is urging lawmakers to include several provisions in the legislation that will provide relief to American home owners and renters, along with small and medium-sized residential construction...
Single-Family Starts and Permits Post Double-Digit Gains in June
Led by solid single-family production, total housing starts increased 17.3% in June to a seasonally adjusted annual rate of 1.19 million units, according to a report from the U.S. Housing and Urban Development and Commerce Department. The June reading of 1.19 million...
Remodeling Industry Sees Optimism Despite COVID-19
NAHB today released its Remodeling Market Index (RMI) for the second quarter of 2020, posting a reading of 73. This is the second quarter with a new RMI, redesigned to ease respondent burden and improve its ability to interpret and track industry trends. The new...
Builder Confidence Rallies to Pre-Pandemic Level in July
In a strong signal that the housing market is ready to lead a post-COVID economic recovery, builder confidence in the market for newly-built single-family homes jumped 14 points to 72 in July, according to the latest NAHB/Wells Fargo Housing Market Index (HMI)...
Residential Construction Offers New Job Opportunities During Economic Recovery
After the devastating job losses experienced across the country in March and April, construction hiring surged and job openings increased in May to 365,000. In a positive sign, home builders and remodelers added 83,200 jobs in June, after gaining 224,200 in...
Interest Level in Skilled Trades Careers Strong Among Male and Female High School Students
One in five high-school-aged respondents to an NKBA study cited "learning a skill" and "good pay" as the top perceived benefit of entering a skilled trade career. By Vincent Salandro Interest levels in skilled trade careers are almost as high among female high...
