NAHB Now
- How Today’s Home Owners and Building Professionals Can “Be Boundless” in Their Building ProjectsWestlake Royal Building Products offers an impressive lineup of building solutions and product profiles, colors, materials and shapes spanning every design style to match the creativity and ambitions of today’s homeowners and building professionals.
- NAHB Rolls Out HBA-Based Fall Safety TrainingLate last month, NAHB conducted its first in-person fall prevention training class as part of a new pilot program focused on HBA training.
- Beneficial Ownership Reporting Obligations ReinstatedAs a result of a recent federal court ruling, many small businesses will need to comply with the Corporate Transparency Act (CTA) and report beneficial ownership information (BOI) by March 21, 2025 to the Financial Crimes Enforcement Network (FinCEN).
- Building the Future: Sustainable Home DesignSustainability is no longer an afterthought in home design — it’s a business imperative. Today’s home buyers increasingly demand energy-efficient solutions. Builders who embrace sustainability will future-proof their projects and stand out in a competitive market.
- Families Must Spend 38% of Their Income on Mortgage PaymentsIn a clear sign illustrating the housing affordability challenges facing Americans, the NAHB/Wells Fargo Cost of Housing Index (CHI) found that in the fourth quarter of 2024, a family earning the nation’s median income of $97,800 needed 38% of its income to cover the mortgage payment on a median-priced new home. Low-income families, defined as […]
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Eye On Housing
- Existing Home Sales Slow in JanuaryAfter three months of increases, existing home sales retreated in January from the 10-month high last month, according to the National Association of Realtors (NAR). Sales continued to be suppressed by higher mortgage rates, which remained above 6.5% despite the Fed cutting rates by 100 basis points last year. The persistent high mortgage rates largely...
- Townhouse Construction Expanded in 2024Townhouse construction expanded 10% during 2024, outpacing the rest of the single-family home building market. According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, during the fourth quarter of 2024, single-family attached starts totaled 44,000. Over the last four quarters (2024 as a whole), townhouse construction starts totaled...
- Families Must Spend 38% of Their Income on Mortgage PaymentsIn a clear sign illustrating the housing affordability challenges facing Americans, the National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI) found that in the fourth quarter of 2024, a family earning the nation’s median income of $97,800 needed 38% of its income to cover the mortgage payment on a median-priced new...
- Single-Family Built-for-Rent Construction Falls BackSingle-family built-for-rent construction posted year-over-year declines for the fourth quarter of 2024, as a higher cost of financing crowded out development activity. This slowdown is similar to the deceleration of multifamily construction in recent quarters. According to NAHB’s analysis of data from the Census Bureau’s Quarterly Starts and Completions by Purpose and Design, there were approximately...
- Housing Starts Retreat at the Start of 2025Constrained housing affordability conditions due to ongoing, elevated interest rates led to a reduction in single-family production to start the new year. Overall housing starts decreased 9.8% in January to a seasonally adjusted annual rate of 1.37 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S....
