National Association of Home Builders
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Single-Family and Multifamily Starts See Double-Digit Growth in November
December 17th, 2021
Single-family and multifamily housing starts accelerated in November, due to increasing demand for new construction. Housing starts increased 11.8% to a seasonally adjusted annual rate of 1.68 million units, according to the latest data from the Commerce Department. The November...
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New-Home Sales Up in November as Consumer Demand Remains Strong
December 27th, 2021
New-home sales increased in November, driven by strong buyer demand, low existing-home inventory and a predicted increase for mortgage interest rates, according to the latest data from the Commerce Department. Key details: Newly built, single-family home sales in November increased...
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Builder Confidence Edges Lower on Inflation Concerns
January 19th, 2022
Growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in builder sentiment even as consumer demand remains robust. Builder confidence in the market for newly built single-family homes moved one point lower to 83 in January, according...
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Housing Affordability Drops to 10-Year Low Amid Surging Construction Costs
February 9th, 2022
A new report by the National Association of Home Builders (NAHB) indicates that housing affordability has hit a 10-year low as persisting challenges in home construction converge with rising mortgage rates and home prices. The association released its NAHB/ Well...
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Fluctuation Vs. Real Change: COVID-19 Two Years Later
February 16th, 2022
The world at large has seen more change, more upheaval over the past two years than at any time since perhaps the 1940s. Two years ago, no one could have anticipated the enormous, world-wide tragedy of the pandemic and resulting...
Agents, Brokers, Multifamily Market Survey, Multifamily Production Index, NAHB, Industry News, National Association of Home Builders, Teams, National, Latest News, News
Multifamily Construction Sentiment Ends Fourth Quarter on Positive Note
March 1st, 2022
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 last week by the National Association of Home Builders (NAHB). The MMS produces two separate...
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Single-Family and Multifamily Growth Solid but Trended in Opposite Directions in Last Half of 2021
March 2nd, 2022
New data show the rate of year-over-year single-family growth in all small and large metro urban, suburban and rural regional submarkets peaked in the second quarter of 2021. These findings, according to the National Association of Home Builders (NAHB) Home...
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Builder Confidence High Despite Continued Supply and Affordability Challenges
October 18th, 2021
Builder confidence grew in October despite market challenges such as dwindling affordability due to increasing supply pricing and ongoing shortages. For single-family homes, builder sentiment increased four points to 80, according to the National Association of Home Builders (NAHB)/Wells Fargo...
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Fannie Mae Adopts Appraisal Standard for Square Footage
April 4th, 2022
Starting April 1, mortgage-giant Fannie Mae has implemented new mandatory standards for appraisers specifically around the measuring of square footage, with the hope that they become more widely adopted and make the often complex and subjective process less confusing while...
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Remodeling Demand Is Strong Despite Material and Labor Shortages
October 18th, 2021
Remodeler’s confidence increased in the third quarter, with the NAHB/Royal Building Products Remodeling Market Index (RMI) posting a reading of 87, according to the National Association of Home Builders (NAHB). The NAHB/Royal Building Products RMI survey asks remodelers to rate...