National Association of Home Builders
Non-Profit Associations | Professional- Building & Contracting
Recent News About National Association of Home Builders
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In the third quarter of 2024, the National Association of Home Builders (NAHB) and Wells Fargo released data indicating that a family earning the median income in the United States would need to allocate 38% of their earnings to afford a mortgage...
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The National Association of Home Builders (NAHB) announced that sales of new single-family homes increased by 10.6% in July, reaching a seasonally adjusted annual rate of 739,000. This rise follows substantial upward revisions to the sales data for June.
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Sales of new homes rose unexpectedly in July, following significant revisions in the previous months’ data.
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As a result of limited resale inventory and measures by home builders to increase housing affordability, the median price of an existing home in the United States during the second quarter of 2024 was higher than that of a new home. Consequently, a family needed to spend more of their income to buy a typical existing home than a typical newly built home.
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Carl Harris, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Wichita, Kan., issued a statement regarding Vice President Kamala Harris’s housing plan announced today during a campaign event in Raleigh, N.C.
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A lack of affordability and buyer hesitation stemming from elevated interest rates and high home prices contributed to a decline in builder sentiment in August.
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Confidence in the market for new multifamily housing declined year-over-year in the second quarter, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 44, down 12 points year-over-year, while the Multifamily Occupancy Index (MOI) had a reading of 81, down eight points year-over-year.
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Elevated mortgage rates continue to keep buyers on hold, as new home sales remained relatively flat in June.
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The National Association of Home Builders (NAHB) has released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter, posting a reading of 65, down one point from the previous quarter.
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Mortgage rates that averaged 6.92% in June, according to Freddie Mac, along with elevated rates for construction and development loans, continue to impact builder sentiment.
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Carl Harris, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Wichita, Kan., issued a statement today following President Biden's proposal to cap rents at 5% per year for landlords owning more than 50 units.
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The subject of builder and remodeler warranties is one of the most important issues affecting the building industry today. Customers have come to expect them, and builders and remodelers provide them to demonstrate their confidence in their work. BuilderBooks, the publishing arm of the National Association of Home Builders (NAHB), recently released the third edition of "Warranties for Builders and Remodelers," which will help industry professionals navigate the complex landscape of warranties.
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The National Association of Home Builders (NAHB) called on Congress today to support policies that will allow home builders to construct more homes and apartments to help ease the nation’s housing affordability crisis and provide better, more affordable housing opportunities for all American households.
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The National Association of Home Builders (NAHB) has announced that its awards program is now open. The NAHB Awards Program highlights the best and brightest in the residential construction industry across various categories.
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Carl Harris, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Wichita, Kansas, issued a statement following the U.S. Supreme Court's ruling in the case of Loper Bright Enterprises v. Raimondo. The decision limits federal regulators' ability to interpret federal laws.
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Carl Harris, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Wichita, Kansas, issued a statement following the presidential debate between President Joe Biden and former President Donald Trump. Harris expressed concern over the lack of discussion on housing affordability during the debate.
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Mortgage rates that averaged 7.06% in May, according to Freddie Mac, the highest monthly average since last November, impacted new home sales last month.
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More than 900 business professionals involved in residential construction gathered at Capitol Hill today, urging Congress to address the ongoing housing affordability crisis. This initiative is part of the National Association of Home Builders (NAHB) 2024 Legislative Conference.
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Nearly four out of five Americans agree that the country is experiencing a housing affordability crisis and that officials at all levels of government are not doing enough to address this issue, according to a survey conducted by Morning Consult on behalf of the National Association of Home Builders (NAHB).
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Fueled by a lack of existing inventory and pent-up demand, single-family permit growth is occurring across all tracked geographic regions of the nation while the opposite holds true for the multifamily sector, according to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) for the first quarter of 2024.