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Fed Economist Forecasts Uptick in Single-Family Construction

Pro Builder

The housing market may be slowing, but senior economist Jordan Rappaport predicts an upcoming surge in single-family home building . After decades of underbuilding and a recent shift to remote work, Rappaport predicts that national single-family permits could eventually rise to a long-term annual rate of 1.4 NAHB reports.

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Working to Improve Access to Affordable Housing

Pro Builder

Working to Improve Access to Affordable Housing. NAHB Policy Briefing | Urging the Biden administration to do more for affordable housing; multifamily growth in the suburbs and beyond. Increase the supply of manufactured housing and two- to four-unit properties by expanding financing through Freddie Mac. .

Housing 59
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Working to Improve Access to Affordable Housing

Pro Builder

Working to Improve Access to Affordable Housing. NAHB Policy Briefing | Urging the Biden administration to do more for affordable housing; multifamily growth in the suburbs and beyond. The White House plan seeks to: • Leverage existing federal funds to spur action that reduces exclusionary zoning. Fri, 10/01/2021 - 06:00.

Housing 52
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Electrical Component Shortage Requires Action

Pro Builder

Last October, NAHB joined with two other construction industry groups in writing a letter to the White House and key cabinet secretaries asking the Biden administration to take action on the transformer shortage. Both the NAHB and Fed indices were negative in Q3, indicating tightening credit conditions (see chart, below).