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Economic Outlook 2021

Pro Builder

Economic Outlook 2021. Fri, 06/18/2021 - 07:00. Strong buyer demand despite higher home prices, shrinking inventory, a spike in lumber prices, and continuing supply chain issues are just some of the factors in play for the home building industry in 2021. National Association of Home Builders.

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Slow Economic Growth Reported for the Third Quarter of 2021

Pro Builder

Slow Economic Growth Reported for the Third Quarter of 2021. Fri, 10/29/2021 - 09:25. Nationwide supply-chain disruptions, high cost of living, and unemployment rates are causing a deceleration of economic growth in the third quarter of 2021, according to the NAHB’s Eye on Housing. in the third quarter of 2021, after a 6.7%

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Surge in Home Remodeling: Lighting Trend Forecast

Pro Builder

Surge in Home Remodeling: Lighting Trend Forecast. Fri, 09/17/2021 - 00:00. And while homeowners turned to Do-It-Yourself (DIY) projects throughout 2020 and 2021, they’ll likely leave projects such as big kitchen remodels or home office projects to the professionals, according to the Lending Indicator of Remodeling Activity.

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Housing Prices Threaten the Federal Reserve's Inflation Outlook

Pro Builder

Housing Prices Threaten the Federal Reserve's Inflation Outlook. Tue, 08/10/2021 - 09:28. Forecasters predict elevated home prices to be a temporary reaction to the economy’s reopening after pandemic-related restrictions, but the Wall Street Journal says housing costs appear to be more persistent than expected.

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Housing Outlook: Is This a Recession … or Not?

Pro Builder

Housing Outlook: Is This a Recession … or Not? The current housing slowdown is a reality, but determining whether we’re in a recession right now isn’t so clear. After a two-year period of frenetic activity spurred by low mortgage rates and rising home prices, the housing industry has its finger on the reset button. “I

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Lumber Prices Hit Record High, Threatening Housing's Momentum

Pro Builder

Lumber Prices Hit Record High, Threatening Housing's Momentum. Fri, 02/12/2021 - 14:34. For home builders, framers, and remodeling contractors, the impact has eroded profitability, stalled production, and led to cancelled sales contracts and all-out shut-downs of projects—all of which works against housing affordability. "We

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NAHB Chairman's Letter: Regulations Add $93,870 to a New Home’s Price

Pro Builder

Mon, 06/07/2021 - 06:00. How overregulation is exacerbating the nation’s housing affordability crisis. Chuck Fowke NAHB 2021 Chairman. A new study by economists at the National Association of Home Builders (NAHB) highlights the cost of regulation to the residential construction industry.

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