News

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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Elevated Inflation and Higher Interest Rates in 2022

For the first time since the early 1980s, the U.S. economy is experiencing a period of elevated inflation. Because of supply-chain issues attributable to the pandemic and a significant rise in…

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Latest Wave of Rising Lumber Prices Adds More than $18,600 to the Price of a New Home

Following a few months of moderating prices last spring and summer, lumber prices are soaring once again, disrupting the housing market and harming housing affordability.

Over the past…

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Challenges We Faced in 2021: Housing Affordability

Housing affordability has been an ongoing concern surrounding the home building industry, as factors such as lot and …

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New Home Sales Jump in November on High Consumer Demand

New home sales posted a solid gain last month, driven by strong buyer demand, low existing home inventory and buyers’ anticipation of future higher mortgage rates.

Sales of newly built,…

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