Housing Developments

Home builders have scored some legislative victories in Washington over the last 48 hours as NAHB and other groups focus on barriers to home production.

The price of lumber has fallen to near pre-pandemic levels, a good thing for home builders and buyers. But some building materials, most notably concrete, have seen prices remain stubbornly high, and continue to increase.

The Small Business Administration (SBA) issued a strong rebuke to the Department of Energy's transformer rule after NAHB voiced its strong concerns at a recent SBA forum, and Herb Kohler continues to give back to the housing industry.

We check in with NAHB Chief Economist Rob Dietz to get his view of the Fed's recent activity and his forecast moving forward.

New home sales were up ever so slightly last month, but given that the Fed just raised interest rates again, we might be seeing a slow spring season.

Existing home sales surged in February, but in a bit of good news, the median sales price was DOWN slightly from a year ago. Also, the new WOTUS rule is in effect, but the Supreme Court will soon weigh in.

Home builder sentiment was up in March for the third straight month. But the good vibes come with a whole lot of caveats as turmoil in the banking sector has builders keeping a watchful eye.

Will the ongoing banking crisis have an impact on the housing market? Probably, as it might provide the Fed with a pretext to slow or pause its interest rate campaign.

New home sales beat expectations and rose more than 7% in January. And NAHB senior economist provides context. Also, newly-elected NAHB 3rd Vice Chairman Bill Owens shares his vision for the Federation.

There were some notable declines reported today in housing market data. One good -- the FHA is lowering mortgage insurance premiums for first-time home buyers -- and one bad -- a decline in home sales.

Despite optimism from builders, several markers indicate that 2023 is off to a slow start.

On the latest episode of Housing Developments, NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin provide a recap of a successful 2023 International Builders’ Show, an economic overview for the year ahead and insights into the 2024 presidential race.

As we head into the prime spring building season, home builders are growing more optimistic about the market in 2023. It's a cautious optimism, but optimistic nonetheless.

Consumers got a little love on Valentine's Day, as inflation cooled in January, albeit at a slower pace than the previous month. It was probably not enough to stave off another interest rate increase, but the Fed's tightening cycle is clearly nearing its end.

Housing affordability is at its lowest point ever, which should surprise no one. But on the bright side, politicians from both parties are now focusing on the issue, as the powerful Senate Banking Committee devoted its first hearing of the year to housing.

Potential home buyers desperately need more homes to choose from and home builders desperately want to build homes. What's getting in the way? The usual.

New NAHB Chairman Alicia Huey joins The Daily Drill to talk about the issues facing the housing industry and previewing her testimony to Congress tomorrow on the administration's water rules.

NAHB's International Builders' Show wrapped last week and it was one of the largest conventions ever. And the mood around the show was surprisingly upbeat as positive economic news came in.

Existing home sales fell in December to the slowest pace since 2010 in the depths of the Great Recession. Mortgage rates are the main culprit.

Let's talk about an oddly-positive housing starts report that showed some strength in single-family home building.