Single-Family Permits Increased by 26% During March
The total number of single-family permits reached 241,311 year-to-date, with the West seeing the greatest rise
Survey Shows Confidence Drop in Multifamily Development in Q1 2024
Current sentiment has NAHB projecting that multifamily starts will decrease by 28% during 2024 as developer activity slows
Residential Building Wages Rise Again in March
Wage growth for residential building workers continued during March, but at a slower pace than during the previous month
NAHB Announces Plan to Address the Housing Affordability Crisis
The National Association of Home Builders has outlined a 10-step plan that would increase the supply of single-family and multifamily for-sale and for-rent housing
Which States Have the Highest Wages for Construction Workers?
Data show that construction workers in the Northeast and on the Pacific coast have some of the highest hourly earnings, while earnings in construction grew faster in the southern states
Housing Share of GDP in Q1 2024 Rises Above 16%
The increase marks the first time GDP has surpassed 16% since 2022
New-Home Sales
New-Home Sales Steady During February
A small increase in mortgage rates during February led to a flat reading for new-home sales
Market Data + Trends
Housing Market Index Shows Builder Sentiment Continues to Rise
In March, builder confidence in the market for newly built single-family homes hit its highest level since July 2023
Market Data + Trends
Looking Up: Single-Family Housing Production Numbers Show Improvement
The tide appears to be turning for single-family housing production in almost all metros, from large to small, based on Q4 2023 data
NAHB
Overcoming Challenges, Celebrating Victories
NAHB Chairman's Message: 2023 was a challenging year for home building, but among the challenges, there were many victories as well
NAHB
NAHB Advocacy Efforts and Outcomes
NAHB Policy Briefing: Advocacy efforts by the National Association of Home Builders are making a difference; analysis of 2021 American Housing Survey data
Market Data + Trends
Builder Sentiment Rises for Third Consecutive Month
A combination of factors is buoying home builder confidence in February, with the latest NAHB/Wells Fargo Housing Market Index at its highest level since last August
Economics
Shelter Costs Drive Inflation Higher Than Expected in January
January Consumer Price Index data show inflation increased more than anticipated as shelter costs continue to rise despite Federal Reserve policy tightening
NAHB
A Note from NAHB’s Chairman
It is my pleasure and honor to welcome housing industry professionals from all over the globe to Las Vegas for three days of learning, connecting and growing in late February
International Builders' Show
DCW 2024 Wows With Events, Exhibits & More
Design & Construction Week (DCW) at IBS 2024 will offer more than 1 million square feet of exhibit space featuring the latest, most innovative products for the housing industry
International Builders' Show
IBS Education: Building Your Best Business
The lineup for IBS Education at the 2024 Builders' Show includes sessions on the latest building technologies, innovative business strategies, forecasts and data, design trends and more
