Rising Interest Rates, Construction Costs Exacerbate Housing Affordability

An elevated pace of inflation will challenge the economy for at least the next few years, prompting tighter credit market conditions.

The broadest measure of inflation, the Consumer Price…

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Top 20 Markets for Remodeling in 2022

Experts are predicting home improvement spending in 2022 will reach a 17-year high. But certain markets will rise above the rest, with some expected to see 20% annual growth in spending, …

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Multifamily Production at a Two-Year High as Single-Family Starts Remain Firm

Despite production bottlenecks and rising construction costs, total housing starts, led by a strong multifamily reading posted a solid gain in February as demand stays strong and existing…

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New Single-Family Home Size Continues to Grow

As people continue to use their homes for more purposes during the pandemic, including work, more residential space is needed. Recent data confirm this impact on the market continues to occur.…

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Multifamily Construction Sentiment Ends Fourth Quarter on Positive Note

Confidence in the market for new multifamily housing improved in the fourth quarter of 2021, according to results from the Multifamily Market Survey (MMS) released today by NAHB. The MMS produces…

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Townhouse Construction Surged in 2021

Townhouse construction jumped 28.1% in 2021, according to NAHB analysis of the most recent Census data. Medium-density construction lagged for much of 2020, with …

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What’s Driving Outdoor Living Trends?

Outdoor living has been propelled to the top of home owner wish lists and, subsequently, has become a top priority for architects and design professionals focused on residential design.

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5 Remodeling Projects Expected to Boom in 2022

As the pandemic continues, home owners are encouraged to spend more time indoors — so get ready for more remodel requests.

Here are five projects that loom large on many wish lists. Some…

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Remodeler Sentiment Continues to Improve Year-over-Year

The NAHB/Royal Building Products Remodeling Market Index (RMI) for the fourth quarter posted a reading of 83, up four points from the fourth quarter of 2020. The finding is a signal of residential…

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