Housing Steady Number of Open Construction Jobs The construction labor market remains tight, as the industry sees a rising number of job…NAHBMarch 29, 2022
Housing In the Kitchen, First-Time Buyers Really Want Double Sinks and Pantries Much like other home buyers, those buying their first homes rate double sinks and walk-in…NAHBMarch 25, 2022
Housing Property Taxes Account for Largest Share of State and Local Revenue in 2021 NAHB analysis of the Census Bureau’s quarterly tax data shows that $672.5 billion in taxes were paid…NAHBMarch 21, 2022
Housing Existing Home Sales Fall in February As rising mortgage rates and home prices continued to price out homebuyers and reduce affordability,…NAHBMarch 18, 2022
Housing Solid Reading for Housing Starts in February Single-family starts posted a small increase in February, as lack of resale inventory continues to…NAHBMarch 17, 2022
Housing Monetary Policy Tightening Underway The first of many expected Federal Reserve hikes of the short-term federal funds rate was…NAHBMarch 16, 2022
Housing Building Materials Prices Increase Slightly, Held in Check by Metal, Gypsum, and Concrete Products The prices of goods used in residential construction ex-energy climbed 1.6% in February (not seasonally…NAHBMarch 16, 2022
Housing Diminished Future Sales Expectations, Rising Costs Lower Builder Confidence Ongoing lumber and building material supply-side constraints and rising construction costs and expectations of higher…NAHBMarch 16, 2022
Housing Pyramid Shows 36 Million Households Cannot Afford a $150,000 Home As described in a previous post, NAHB’s recently released its 2022 Priced-Out Estimates, showing that…NAHBMarch 14, 2022
Housing Household Real Estate in the Fourth Quarter The latest results from the Federal Reserve’s Z.1 Financial Accounts of the United States, i.e.,…NAHBMarch 11, 2022