Housing Housing Affordability Expectations Improve Relatively lower interest rates (compared to fall 2022), slowing growth in home prices, and builder…NAHBApril 28, 2023
Housing Housing Share of GDP Lower in the First Quarter of 2023 Housing’s share of the economy moved lower at the end of the first quarter of…NAHBApril 27, 2023
Housing Economic Growth Weakens in the First Quarter In the first quarter of 2023, economic growth slowed to an annual rate of 1.1%,…NAHBApril 27, 2023
Housing Housing Availability Expectations See Mild Improvement After souring significantly in the final quarter of 2022, buyers’ expectations of housing availability edged…NAHBApril 27, 2023
Housing Lower Rates Spark Housing Demand The retreat in mortgage interest rates during the first quarter of 2023 (from the 20-year…NAHBApril 24, 2023
Housing Lack of Existing Inventory Continues to Support Builder Sentiment Builders remained cautiously optimistic in April as limited resale inventory helped to increase demand in…NAHBApril 17, 2023
Housing Steep Year-over-Year Decline for Single-Family Permits in February 2023 Over the first two months of 2023, the total number of single-family permits issued year-to-date…NAHBApril 14, 2023
Housing Building Materials Prices Climb as Concrete, Transformer Shortages Persist According to the latest Producer Price Index report, the prices of inputs to residential construction less…NAHBApril 13, 2023
Housing Remodeling Market Sentiment Edged Up in First Quarter of 2023 The NAHB/Westlake Royal Remodeling Market Index (RMI) for the first quarter of 2023 posted a…NAHBApril 13, 2023
Housing Mortgage Activity Increases as Rates Fall for 5th Straight week Per the Mortgage Bankers Association’s (MBA) survey through the week ending April 7th, total mortgage…NAHBApril 12, 2023