Housing Inventory NAHB Residential 
Pro Builder
FEBRUARY 16, 2021
Record-High Lumber Prices Stifle Builders and Housing Affordability. Record-high lumber prices are threatening to halt the residential construction sector, and in turn, hold back the economy. One NAHB member says the price of an identically-sized home increased from $35,000 last year to $71,000 this year. cbroderick.
Pro Builder
NOVEMBER 9, 2021
A national shortage of skilled construction labor is prolonging a housing crisis defined by low inventory and affordability. The NAHB is estimating that 740,000 workers will need to be hired each year for the next three years to keep up with market demand. Residential construction represents about 3.1 million.
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Pro Builder
MARCH 7, 2022
The construction industry added 60,000 jobs in February and recorded its fastest rate of wage growth in 40 years in an effort to accelerate residential projects and add more affordable housing to a supercharged market, Insider reports. As competition eases, home prices are likely to moderate and eventually fall. . Market Data + Trends.
Pro Builder
FEBRUARY 18, 2021
According to the National Association of Home Builders and Wells Fargo Housing Market Index, builder sentiment increased by 1 point to 84 this month. To put it in perspective, any number above 50 can be considered positive and last February, confidence reached 74.
Pro Builder
NOVEMBER 1, 2022
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
Pro Builder
AUGUST 3, 2020
NAHB New Chair to Tackle Regulation and Promote Trades. Chuck Fowke named NAHB's new chair; a look at new single-family home inventory. NAHB Housing Policy Briefing. We strive to meet the housing needs of families across the economic spectrum,” Fowke says. New Single-Family Home Inventory.
Pro Builder
MAY 6, 2023
Research by economists at the National Association of Home Builders ( NAHB ) indicates that the home building industry requires almost 2.2 million new hires over the next three years to keep pace with growth in housing demand and attrition within its labor force. former Kohler Co. executive chairman. Census Bureau.
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