Housing Materials Remain Builders’ Top Challenge, but Inflation and Interest Rates are Threatening The price and availability of building materials again topped the list of problems builders faced…NAHBFebruary 13, 2023
Housing Loan Demand Declines as Credit Standards Tighten in Q4 2022 According to the Federal Reserve Board’s January 2023 Senior Loan Officer Opinion Survey (SLOOS)—conducted for…NAHBFebruary 10, 2023
Housing OMB Proposes Standards on Building Materials Made in America The Office of Management and Budget (OMB) has proposed new standards to determine if construction…NAHBFebruary 10, 2023
Housing Housing Affordability Hits Record Low but Turning Point Lies Ahead Mirroring a steep rise in mortgage rates that began in the early part of 2022…NAHBFebruary 9, 2023
Housing Growth of Revolving Debt Slows, Auto Loan Rates Spike in Q4 2022 The balance of consumer credit outstanding grew 6.5% in the fourth quarter of 2022 (seasonal…NAHBFebruary 8, 2023
Housing Mortgage Activity Increases after Dip in Rates Per the Mortgage Bankers Association’s (MBA) survey through the week ending February 3rd, total mortgage…NAHBFebruary 8, 2023
Housing A New Year Starts with Strong Gains Job growth rebounded in January. After declines for five consecutive months, total nonfarm payroll employment…NAHBFebruary 3, 2023
Housing Further Downshift for the Fed Further downshifting its pace of tightening of monetary policy, the Federal Reserve’s monetary policy committee…NAHBFebruary 1, 2023
Housing Uptick for Construction Job Openings in December The count of open, unfilled jobs for the overall economy increased in December, rising to…NAHBFebruary 1, 2023
Housing December Private Residential Spending Dips Private residential construction spending declined 0.3% in December 2022, as spending on single-family construction dropped…NAHBFebruary 1, 2023