Housing Credit for Builders: Rates Up, Availability Down in the Second Quarter During the second quarter of 2024, credit for residential Land Acquisition, Development & Construction (AD&C)…NAHBAugust 9, 2024
Housing Unchanged Lending Conditions, But Weaker Demand for Residential Loans in Second Quarter According to the Federal Reserve Board’s July 2024 Senior Loan Officer Opinion Survey (SLOOS), lending standards were…NAHBAugust 8, 2024
Housing Multifamily Developer Confidence Falls in Second Quarter Confidence in the market for new multifamily housing declined year-over-year in the second quarter of…NAHBAugust 8, 2024
Housing Small Decrease in Mortgage Activity for July The Market Composite Index, a measure of mortgage loan application volume by the Mortgage Bankers…NAHBAugust 7, 2024
Housing Residential Building Wages See Fastest Growth in More Than Five Years Residential building workers’ wage growth accelerated to 9.0% in June. This marks the fastest year-over-year…NAHBAugust 5, 2024
Housing Labor Market Continues to Soften in July In July, job growth decelerated significantly, and the unemployment rate increased to a nearly three-year…NAHBAugust 2, 2024
Housing Mortgage Rates Continued to Decline in July Mortgage rates continued to decrease in July, landing at an average rate of 6.85%. According…NAHBAugust 2, 2024
Housing Private Residential Construction Spending Falls for Second Straight Month Private residential construction spending was down 0.3% in June, after a dip of 0.7% in…NAHBAugust 1, 2024
Housing Federal Tax Return Itemization and the Mortgage Interest Deduction Since the passage of the Tax Cuts and Jobs Act (TCJA) in 2017, tax returns…NAHBAugust 1, 2024
Housing Federal Reserve Rate Cuts in View The Federal Reserve’s monetary policy committee once again held constant the federal funds rate at…NAHBAugust 1, 2024