More than 10,000 NAHB members from all 50 states and Puerto Rico sent a letter to President Biden on April 27 calling on the White House to take immediate action as the growing housing affordability crisis is pushing the housing market to an inflection point that threatens to derail the current housing and economic expansion.
Rising interest rates and inflation cool down the housing market, which has caused lumber prices to fall.
WASHINGTON — The National Housing Endowment’s Skilled Labor Fund has awarded funding to 59 home builder associations across the U.S. The Career Connections grant program is designed to support local events introducing young people to career opportunities in the residential skilled trades.
WASHINGTON, D.C. -- Despite strong buyer demand, builder sentiment continued to slip in February as the industry grapples with ongoing building material production bottlenecks that are raising construction costs and delaying projects, according to the National Association of Home Builders (NAHB). Builder confidence in the market for newly-built single-family homes moved one point lower to 82 in February, marking the second straight month that confidence levels have declined by a single point, according to the NAHB/Wells Fargo Housing Market Index (HMI).
ORLANDO -- The National Association of Home Builders (NAHB) announced an agreement with Boys & Girls Clubs of America to introduce more of America's youth to a future career in residential construction.
WASHINGTON – According to the National Association of Home Builder’s (NAHB)/Wells Fargo Housing Market Index (HMI), builder confidence for newly-built single-family homes fell two points to 72 in March. Sentiment levels have held in a firm range in the low- to mid-70s for the past six months.
“Builder confidence remains solid, although sales expectations for the next six months dropped four points on economic uncertainty stemming from the coronavirus,” said NAHB Chairman Dean Mon, a home builder and developer from Shrewsbury, N.J.