News
2 Innovative Water Efficiency Strategies for Multifamily Properties
New or replacement toilets, aerators and showerheads are a great starting place for significant water savings; they are cost effective, and save water and utility costs. But as water costs…
New HBI Report Shows Labor Shortage Weakening Housing Supply, Affordability
A lack of skilled construction labor is a key limiting factor for improving housing inventory and affordability, according to the Home Builders Institute’s (HBI’s) Fall 2021 Construction Labor…
NAHB Shares Concerns About Vaccine Mandates with Rulemaking Officials
NAHB staff last week shared their concerns with government officials in two separate calls about an impending emergency temporary standard (ETS) from OSHA that would force companies with more than…
More Prospective Buyers are First-Timers
The share of prospective buyers who are purchasing a home for the first time increased for a fourth consecutive quarter, up to 65% in the third quarter of 2021, according to results from NAHB’s …
Strong Demand Boosts Builder Confidence Despite Supply Chain Disruptions
Strong consumer demand helped push builder confidence higher in October despite growing affordability challenges stemming from rising material prices and shortages. Builder sentiment in the market…
Affordability Headwinds Will Increase
While the housing market is showing signs of stabilizing after a period of cooling, housing affordability will decrease in the quarters ahead. Home prices are up more than 30%, on average…
August Housing Starts Lifted by Multifamily Development
Strong multifamily production helped push overall housing starts up in August as single-family starts edged lower due to ongoing supply chain issues and labor challenges. Total starts increased 3.…
Good and Bad Housing Provisions in $3.5 Trillion Reconciliation Plan
As NAHBNow reported previously, House Democrats are working to draft a $3.5 trillion Build Back Better plan that includes …
NAHB Remodelers Awards Offer New Opportunities to Showcase Projects
The NAHB Remodeling Awards recognize the industry’s finest work in residential remodeling. And NAHB has created even more opportunities for remodelers to gain recognition for superior…
New Home Size Increases as Demand for More Space Continues
The size of new single-family homes increased in the second quarter, as the pandemic has sparked a need for more living space and people continue using their homes for more purposes, particularly…