Regulations Account for Nearly One-Third of Multifamily Costs, Builders Tell Congress

Regulations Account for Nearly One-Third of Multifamily Costs, Builders Tell Congress

Layers of excessive regulation translate into higher rents, reduced affordability for consumers and on average, account for almost one-third of a multifamily project’s development and…

Housing Starts Hold Their Ground in July, Says NAHB

Housing Starts Hold Their Ground in July, Says NAHB

Total housing starts inched up 0.9 percent in July to a seasonally adjusted annual rate of 1.17 million units, according to newly released data from…

Builder Confidence Remains Firm in August, Says NAHB

Builder Confidence Remains Firm in August, Says NAHB

Builder confidence in the market for newly-built single-family homes edged down one point to a solid 67 reading in August on the National Association of…

Housing Affordability Hits 10-Year Low in Second Quarter

Housing Affordability Hits 10-Year Low in Second Quarter

Rising home prices and interest rates pushed housing affordability to a 10-year low in the second quarter of 2018, according to the National Association of…

New Home Sales Fall Back in June, Says NAHB

New Home Sales Fall Back in June, Says NAHB

Sales of newly built, single-family homes fell 5.3 percent in June to a seasonally adjusted annual rate of 631,000 units after a downwardly revised May…

Remodeling Confidence Increases Despite Rising Costs, Says NAHB

Remodeling Confidence Increases Despite Rising Costs, Says NAHB

The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 58 in the second quarter of 2018, up one point…

Builder Confidence Stays at Healthy Level in July, Says NAHB

Builder Confidence Stays at Healthy Level in July, Says NAHB

Builder confidence in the market for newly-built single-family homes remained unchanged at a solid 68 reading in July on the National Association of Home Builders/Wells…

New Home Sales Rise to Highest Level This Year, Says NAHB

New Home Sales Rise to Highest Level This Year, Says NAHB

Sales of newly built, single-family homes rose 6.7 percent in May to a seasonally adjusted annual rate of 689,000 units after a downwardly revised April…

Housing Starts Reach Post-Recession High in May as Permits Soften, Says NAHB

Housing Starts Reach Post-Recession High in May as Permits Soften, Says NAHB

Total housing starts rose 5 percent in May to a seasonally adjusted annual rate of 1.35 million units, according to newly released data from the…

Builder Confidence Slips Two Points as Lumber Prices Soar, Says NAHB

Builder Confidence Slips Two Points as Lumber Prices Soar, Says NAHB

Builder confidence in the market for newly-built single-family homes fell two points to 68 in June on the National Association of Home Builders/Wells Fargo Housing…

More than 30 Percent of Multifamily Development Cost Attributable to Regulation, According to New Study

More than 30 Percent of Multifamily Development Cost Attributable to Regulation, According to New Study

Regulation imposed by all levels of government accounts for an average of 32.1 percent of multifamily development costs, according to new research released by the…

Multifamily Builders and Developers Remain Positive about the Apartment and Condo Market as Demand Continues, Says NAHB

Multifamily Builders and Developers Remain Positive about the Apartment and Condo Market as Demand Continues, Says NAHB

Confidence in the multifamily housing market remained positive in the first quarter of 2018, according to the Multifamily Production Index (MPI) and the Multifamily Vacancy…

April New Home Sales Inch Down 1.5 Percent, Stay Close to Post-Recession High, Says NAHB

April New Home Sales Inch Down 1.5 Percent, Stay Close to Post-Recession High, Says NAHB

Sales of newly built, single-family homes edged down 1.5 percent in April to a seasonally adjusted annual rate of 662,000 units after a downwardly revised…

Builder Confidence Climbs to 70 in May, According to NAHB

Builder Confidence Climbs to 70 in May, According to NAHB

Builder confidence in the market for newly-built single-family homes rose two points to a level of 70 in May after a downwardly revised April reading…

Housing Production Drops 3.7 Percent But Remains Near Post-Recession High

Housing Production Drops 3.7 Percent But Remains Near Post-Recession High

Total housing production fell 3.7 percent in April to a seasonally adjusted annual rate of 1.29 million units after an upwardly revised March reading of…

Rising Incomes Boost Housing Affordability in First Quarter of 2018, Says NAHB

Rising Incomes Boost Housing Affordability in First Quarter of 2018, Says NAHB

Strong wage growth more than offset an increase in mortgage interest rates to boost nationwide housing affordability in the first quarter of 2018, according to…

Builder Confidence in the 55+ Housing Market Remains Healthy in First Quarter, Says NAHB

Builder Confidence in the 55+ Housing Market Remains Healthy in First Quarter, Says NAHB

Builder confidence in the single-family 55+ housing market dropped five points to 66 in the first quarter of 2018, according to the National Association of…

New Home Sales Rise 4 Percent in March, Says NAHB

New Home Sales Rise 4 Percent in March, Says NAHB

Sales of newly built, single-family homes rose 4.0 percent in March to a seasonally adjusted annual rate of 694,000 units after an upwardly revised February…

Builder Confidence Slips One Point, Remains in Solid Territory, Says NAHB

Builder Confidence Slips One Point, Remains in Solid Territory, Says NAHB

Builder confidence in the market for newly-built single-family homes edged down one point to a level of 69 in April on the National Association of…

Remodeling Confidence Remains in Strong Territory Despite Three Point Slip, Says NAHB

Remodeling Confidence Remains in Strong Territory Despite Three Point Slip, Says NAHB

The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 57 in the first quarter of 2018, down three points…