News
House Moves to Raise Limits on State and Local Tax Deduction
In a key win for NAHB members who live in high-tax states, the House-passed Build Back Better Act includes long-awaited tax relief for taxpayers who are affected by the federal limit on state and…
Supply-Side Disruptions Push Single-Family Production Down in October
Single-family housing production lagged in October due to supply-chain effects for materials and ongoing access issues for labor and lots. Overall housing starts decreased 0.7% to a seasonally…
Fed Acts on Inflation as Housing Affordability Weakens
The combination of higher home prices, rising construction costs and moderately higher interest rates will exacerbate housing affordability conditions and increasingly push prospective buyers out of…
More Buyers Believe Housing Affordability is Worsening
Buyers’ perceptions of housing affordability have deteriorated for three straight quarters, indicating that double-digit home price hikes over the past year have more than offset the positive impact…
Cooling Trend for Housing Continues
Higher costs, longer construction times and elevated home prices have persistently frustrated buyers, renters and builders. However, recent reports saw an uptick in various housing data. The NAHB/…
Low Inventory Leads to Solid Gains
Fueled by strong demand, low existing inventory and buyers’ anticipation of future higher mortgage rates, new home sales posted a solid gain last month. Sales of newly built, single-family homes in…
Single-Family Starts Flat in September
Single-family housing production held steady in September as strong demand helped to offset ongoing building material supply chain disruptions. Meanwhile, declines in multifamily production helped to…
How Sound Abatement Helps Create a Healthy Home
If Vintage Revivals founder Mandi Gubler has said it once, she’s said it a million times: “One of our biggest frustrations with [our home] is the road it’s on — more specifically, the noise.” Gubler’…
New Home Sales Edge Higher in August
Strong demand, low interest rates and fewer existing homes for sale helped contribute to an uptick in new home sales in August even as home prices continue to rise. Sales of newly built, single-…