National Association of Home Builders
Non-Profit Associations | Professional- Building & Contracting
Recent News About National Association of Home Builders
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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.
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As the National Association of Home Builders (NAHB) celebrates National Homeownership Month in June, high mortgage rates and double-digit growth in home prices since COVID-19 are putting buyers in a position to compromise on lot sizes and shrink their square footage to buy a home they can afford, according to survey results from NAHB’s "What Home Buyers Really Want, 2024 Edition."
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Mortgage rates that averaged above 7% since mid-April, according to Freddie Mac data, contributed to a decline in new home sales last month. Sales of newly built, single-family homes in April fell 4.7% to a seasonally adjusted annual rate of 634,000 from a downwardly revised reading in March, as per data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This pace is down 7.7% compared to the same period last year.
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The recent federal push to require certain new homes to meet the stringent energy efficiency requirements of the 2021 International Energy Conservation Code (IECC) and ASHRAE 90.1-2019 will price many would-be home buyers and renters out of the market, forcing them to stay in older, less efficient homes, the National Association of Home Builders (NAHB) told Congress today.
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The National Association of Home Builders (NAHB) is in mourning following the passing of industry icon Donald R. Horton, founder of D.R. Horton, Inc. The news was confirmed by Carl Harris, chairman of NAHB and a custom home builder from Wichita, Kan.
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In April, single-family starts remained stagnant as interest rates rose above 7% and builders faced stricter lending conditions. Despite this, overall housing starts saw a 5.7% increase to a seasonally adjusted annual rate of 1.36 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
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As per data from Freddie Mac, mortgage rates have been averaging above 7% for the past four weeks, resulting in a decline in builder sentiment for the first time since November 2023. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) revealed that builder confidence in the market for newly built single-family homes was 45 in May, down six points from April.
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Confidence in the new multifamily housing market has seen a year-over-year decline in the first quarter of 2024, as per the Multifamily Market Survey (MMS) results released by the National Association of Home Builders (NAHB). The MMS consists of two separate indices - the Multifamily Production Index (MPI) and the Multifamily Occupancy Index (MOI). The MPI saw a three-point decrease from last year, with a reading of 47, while the MOI recorded an increase of one point to 83.
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The National Association of Home Builders (NAHB) Remodelers has disclosed the most popular type of home remodeling projects as part of the celebration of National Home Remodeling Month in May. According to survey results released by the NAHB Remodelers, bathroom and kitchen remodels are the top choices among its members.NAHB Remodelers Chair Mike Pressgrove, a remodeler from Topeka, Kan., emphasized the commitment to professionalism in assisting homeowners in achieving their dream homes. Pressgrove stated, “Whatever type of home improvement project consumers are looking...