News/Blog
Biden Signs Sweeping Executive Order on Climate Change that Affects Housing
President Joe Biden signed a sweeping executive order on climate change entitled “Executive Order on Climate-Related Financial Risk,” that the White House says “will help the American people better understand how climate change can impact their financial security.” Of...
Move to Double Lumber Tariffs Shows White House Does Not Care About Housing Affordability
NAHB Chairman Chuck Fowke issued the following statement following the U.S. Commerce Department’s desire to double lumber tariffs on Canadian lumber shipments into the U.S from 9% to 18.32%: “At a time when soaring lumber prices have added nearly $36,000 to the price...
SPOTSYLVANIA HIGH CLASS MAKING SKATEBOARDS
Spotsylvania High shop students making skateboards as final project by Adele Uphaus Christian Kelley uses a bandsaw to trim a skateboard deck while Edwin Martinez (background) sands the edges of his board during a recent woodworking class at Spotsylvania High School....
Building Materials Top Housing Concerns
Builder confidence held stable in May, despite growing concerns over the price and availability of most building materials, including lumber. The latest NAHB/Wells Fargo Housing Market Index (HMI) released today shows that builder confidence in the market for newly...
Lawmakers Urge Action on Lumber; U.S. Trade Rep. to “Push for Solutions to the Lumber Pricing Issues”
Members of Congress and the Biden administration are heeding the concerns of NAHB and its grassroots on the need to take action to resolve soaring lumber prices, supply shortages and tariffs that are hurting home builders, home buyers, the housing sector and the...
Record-High Prices on All Building Materials Threaten Housing Affordability
It’s not just lumber. The rapidly rising prices for other heavily relied upon building materials are causing widespread concerns throughout the housing industry. While skyrocketing lumber prices (up more than 300% from April 2020) have dominated industry headlines...
NEW-HOME LOT INVENTORY DROPS 24.2% YOY TO NEW LOWS
Zonda’s New Home Lot Supply Index fell to 49 in Q1, down 10.1% from the previous quarter. By Mary Salmonsen for Builder New-home lot supply has tightened considerably across the U.S., according to Zonda. Its latest New Home Lot Supply Index came in at 49 for the first...
Pre-Wiring for Electric Vehicle Charging: Prepping Your Homes for Future Demand
Photo courtesy of Todd Usher Homes are built to last 50 or more years. No one has a crystal ball to know exactly how people will be using their homes that far into the future, but several features are strongly trending. Building professionals may want to consider...
Strong Single-Family Permit Gains to Start the Year
The total number of single-family permits issued year-to-date (YTD) nationwide reached 164,901— a 16.6% increase over February 2020. Single-family permits increased in all four regions, with the Midwest reporting the strongest increase (24%) and the West reporting the...
