NAHB Now
- Senior Officers Lobby Lawmakers Ahead of Leg ConOn May 1, NAHB Chairman Carl Harris and First Vice Chairman Buddy Hughes met with several U.S. senators on Capitol Hill to address a wide range of important housing issues.
- You Can Serve an Integral Role as National Associate ChairNational Associate Chairs (NACs) play an integral role in the Federation as they work closely with Senior Officers of the board to augment communications between NAHB, its leaders and its members. Applications to serve as the next NAC are now open through Sunday, July 14.
- NAHB Remodelers Reveals the Most Popular Type of Home Remodeling ProjectsTo kick off National Home Remodeling Month in May, which highlights the benefits of hiring a professional remodeler, NAHB Remodelers released survey results on the most popular remodeling jobs by its members. The results revealed that bathroom and kitchen remodels remain the most popular projects.
- NAHB Announces a 10-Point Plan to Tame Shelter Inflation, Ease the Housing Affordability CrisisWith a nationwide shortage of roughly 1.5 million housing units that is making it increasingly difficult for American families to afford to purchase or rent a home, NAHB today unveiled a 10-point housing plan designed to tame shelter inflation and ease the housing affordability crisis by removing barriers that hinder the construction of new homes […]
- How a Marketing Strategy Can Expand Your Pool of Potential Home BuyersAn efficient marketing strategy is more important than ever for industry professionals in today’s digital world. Your website’s branding, content, social media, and design strategies are the gateway to meeting potential home buyers and turning them into leads.
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- States with Highest and Fastest Rising Construction Wages, 2024Reflecting persistent long-term labor challenges, wages in construction continue to rise, often outpacing and exceeding typical earnings in other industries. Not seasonally adjusted (NSA) average hourly earnings (AHE) in construction increased 5% since a year ago and approached the $38 mark in March 2024, according to the latest Current Employment Statistics (CES) report from the...
- Fed on Hold with Limited Inflation ProgressThe Federal Reserve’s monetary policy committee held constant the federal funds rate constant at a top target of 5.5% at the conclusion of its April-May meeting. In its statement, the Federal Open Market Committee (FOMC) noted: Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have remained strong,...
- Private Residential Construction Spending Dips in MarchNAHB analysis of Census data shows that private residential construction spending was down 0.7% in March, after increasing 0.7% in February. It stood at a seasonally adjusted annual pace of $884.3 billion. Spending on single-family construction dropped 0.2% in March. This is the first monthly decline after ten straight months of gains, as elevated mortgage...
- Large Decline for Open Construction Jobs in MarchDue to tightened monetary policy, the count of total job openings for the entire economy has trended lower over the last year. This is consistent with a somewhat cooler economy that is a positive sign for future inflation readings. However, the number of open jobs for the aggregate economy was relatively unchanged in March per...
- Home Prices Continue to Rise for FebruaryThe S&P CoreLogic Case-Shiller U.S. National Home Price Index (HPI), reported by S&P Dow Jones Indices, rose at a seasonally adjusted annual rate of 4.98% for February. This was following an adjusted 3.73% rate for January. This marks the fourth consecutive monthly rate increase from November 2023. On a year-over-year basis, the S&P CoreLogic Case-Shiller U.S....
