Housing Developments

The NAHB/Wells Fargo Housing Market Index (HMI) showed the first increase in home builder confidence in a year. Are we seeing the bottom of the home building slowdown?

A boost in consumer confidence ends a good week of economic data. If inflation is easing and consumers are more confident in the economy, what will the Fed do with interest rates?

Let's take a look at the positive inflation report from this morning showing that consumer price inflation is slowing. NAHB Chief Economist Rob Dietz shares his forecast on how the Fed will react.

There has been data released recently that suggests inflation is cooling rapidly, meaning there is a chance the Federal Reserve reverses its monetary policy as soon as this summer. A pipedream? Maybe, but the data doesn't lie.

Now that the U.S. House of Representatives has a Speaker, Congressional business can commence. What will a change in party control in the House mean for housing?

While Congress continues to be paralyzed by the House's search for a Speaker, the U.S. economy showed signs of resilience with some very good jobs data. NAHB Chief Economist Rob Dietz explains.

The U.S. House of Representatives has seen its business paused as the new Republican majority attempts to elect a Speaker. Will this impact legislation and the other work of Congress? Also, a report noted that residential construction spending declined in November, no surprise given current conditions.

Happy New Year! Or will it be? The Biden Administration announced a change to water rules last week on the last business day of 2022, one that will have a huge impact on home builders and developers.

It was a busy week for housing data in the run-up to the holidays, culminating in new home sales today. Everyone have a safe and happy holiday season, and we'll see you again in 2023!

Despite the Fed's best efforts, employment continues to be strong, including in the construction sector.

Existing home sales came out today, and they fell again, as they have all year. Also, Congress is trying to get a spending bill through before the holidays, blizzard, and a change of power.

Housing starts and permits came out today, and the news isn't great. Hear from NAHB Chief Economist Rob Dietz as he explores what 2023 might look like in home building.

Home builder confidence declined again in the December reading of the NAHB/Wells Fargo Housing Market Index (HMI). But there are some indications that sentiment might be nearing its bottom in the current cycle.

Ever wonder which states have the highest property taxes? Well, we'll tell you...

The Producer Price Index showed a decline in building material prices in November after falling in the previous two months with lumber returning to pre-pandemic prices. But there is still volatility in materials prices as we head into winter.

All eyes will be on Washington this week as the Fed will meet to decide how much to increase interest rates and Congress tries to avert a government shutdown before the holidays.

It was a busy week in housing news, so let's recap the top stories as Congress settles into a lame duck session and the economy tries to find its footing.

Soaring interest rates are crushing the real estate market causing many home builders to increase incentives or lower prices, which was the whole point in the first place, right?

Transformers are a problem! Not the robot/cars of 80s TV and 00s movies, the complicated equipment that converts and routes electricity at power stations. They are in short supply and it's becoming a huge issue for land development and home building.

When is robust hiring seen as a bad economic sign? When the Fed wants to reduce inflation by forcibly sending more Americans to the unemployment line, that's when.