Housing Slightly Longer Time to Build Apartments in 2021 The average length of time to complete construction of a multifamily building, after obtaining authorization,…NAHBJuly 7, 2022
Housing Higher Rates Reduce Mortgage Demand Per the Mortgage Bankers Association’s (MBA) survey through the week ending July 1, total mortgage…NAHBJuly 6, 2022
Housing Construction Job Openings Leveling Off The construction labor market remains tight, but the total number of open construction sector jobs…NAHBJuly 6, 2022
Housing Hispanics Comprise 61% of the Construction Workforce in Texas The earlier June post highlighted the rising number and share of Hispanics in the construction…NAHBJuly 5, 2022
Housing Private Residential Spending Inches Up in May NAHB analysis of the Census Construction Spending data shows that private residential construction spending stood…NAHBJuly 1, 2022
Housing State-Level GDP in the First Quarter of 2022 Real gross domestic product (GDP) decreased in 46 states and the District of Columbia in the…NAHBJune 30, 2022
Housing Top 10 Builder Share Reaches Highest Percentage in 2021 The top 10 builders captured 34.2% of new single-family home closings in 2021, the highest…NAHBJune 29, 2022
Housing Consumer Confidence Fall to 16-Month Low Amid Inflation Concerns Consumer confidence dropped again in June as inflation stayed at decades high and continued to…NAHBJune 28, 2022
Housing Regulation: 40.6 Percent of the Cost of Multifamily Development Recently, the National Association of Home Builders (NAHB) and the National Multifamily Housing Council (NMHC)…NAHBJune 27, 2022
Housing New Home Sales Increase in May Before Fed’s June Rate Rise After posting four consecutive monthly declines on rising mortgage rates and worsening affordability conditions, new…NAHBJune 24, 2022