Housing Starts Relatively Flat Off of Strength in Multifamily Sector
Total housing starts declined 0.9% in May to a seasonally adjusted annual rate of 1.27 million units from an upwardly revised reading in April, according to a report from the U.S. Housing and Urban Development and Commerce Department.
Zoning Restrictions Present Major Obstacles to Housing Affordability
Boston has seen notable growth in recent years, but it has been unable to keep up with housing demand. A new report, “The State of Zoning for Multi-Family Housing In Greater Boston,” illustrates the effects zoning restrictions can have on housing affordability in a major metropolitan area.
Remodelers and Professional Women in Building Awards Now Open
Applications are now open for two additional awards programs: The NAHB Remodelers Awards and the Professional Women in Building (PWB) Awards. Each awards program recognizes professionals and organizations for their contributions to the home building industry through their respective councils.
Builder Confidence Solid in June Amidst Growing Economic Uncertainty
Builder confidence in the market for newly-built single-family homes fell two points to 64 in June, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today. Sentiment levels have held at a solid range in the low- to mid-60s for the past five months.
Shield It, Shore It or Slope It During the Trench Safety Stand Down
Today marks the start of the 2019 Trench Safety Stand Down. This week, the stand down gives employers, supervisors and foremen the opportunity to speak directly to workers about trench and excavation hazards.
NAHB Commends White House Efforts to Expand Health Care Options for Businesses
President Trump announced the administration has finalized a rule to expand the use of health reimbursement arrangements (HRAs), which are important tools that allow small businesses to help their workers defray the high cost of insurance premiums.
Building a Legacy Through Generations of HBA Leadership
As we celebrate Father's Day this weekend, we are reminded that the home-building industry is truly a family business, with many builders passing their companies on to the next generation in their family. In Dayton, Ohio, four generations of builders have been making an impact in their community and with their local HBA for more than 70 years.
Why Builders Should Attend the National Energy Codes Conference
Although the National Energy Codes Conference may seem like it’s just for policymakers and code officials, it is far from that. The intimate environment of this year’s approximately 250-person conference brought together a range of stakeholders, which allowed for authentic discussions about how codes affect those in the building industry and how federal resources can be used to effectively solve local issues related to implementation and enforcement.
A Top Barrier to Homeownership May Be Easing
A recent Eye on Housing blog post revealed that 53% of buyers actively searching for a home to buy in the first quarter of 2019 have been looking unsuccessfully for at least three months. View the top reasons why is it taking these buyers so long to pull the trigger.
Unfilled Construction Jobs at Post-Recession High
The estimated number of job openings in the construction sector increased to 404,000 in April, a post-Great Recession high, according to the latest figures from the Bureau of Labor Statistics Job Openings and Labor Turnover Survey.