Podcast: Cautious Optimism for the Next Six Months
On the latest episode of NAHB’s Housing Developments podcast, co-hosts CEO Jim Tobin and SVP Paul Lopez record from New York City where they’re discussing the latest NAHB/Wells Fargo Housing Market Index (HMI) numbers with members of the media. Tune in this week to hear what’s going on with builder confidence, interest rate concerns that are dampening optimism, NAHB testimony on regulatory burden on home building and how NAHB is pushing back on House efforts to eliminate Job Corps.
Listen below or on your favorite podcast app. And be sure to subscribe to the podcast so you never miss an episode.Latest from NAHBNow
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Young Professionals Raise $13,000 for BUILD-PACNAHB’s Young Professionals Committee rallied together to raise more than $13,000 for BUILD-PAC at a golfing fundraiser following the 2024 NAHB Legislative Conference in Washington, D.C.
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Latest Economic News
Jul 15, 2024
Share of Homes Built on Slabs Surges to 72.4%NAHB analysis of the Survey of Construction (SOC) shows that 72.4% of new single-family homes started in 2023 were built on slab foundations, 16.6% were built with full or partial basements, and 9.9% with crawl spaces.
Jul 12, 2024
June Marks Highest Yearly Increase in Building Material Prices Since February 2023Inputs to residential construction, goods less food and energy, rose 0.19% in the month of June according to the most recent producer price index (PPI) report published by the U.S. Bureau of Labor Statistics.
Jul 11, 2024
Inflation Eases Further in JuneBoth overall and core inflation continued to slow in June, as a decline in gasoline prices offset the increase in shelter costs. This is another dovish signal for future monetary policy, following a significant downward revision to the job report.
Jul 10, 2024
Lot Values Trend HigherLot values for single-family detached spec homes continued to rise, with national values reaching a new high in 2023, according to NAHB’s analysis of the Census Bureau’s Survey of Construction (SOC) data.