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Fed Economist Forecasts Uptick in Single-Family Construction

Pro Builder

Fed Economist Forecasts Uptick in Single-Family Construction. NAHB reports. New-Construction Projects. New-Construction Projects. Thu, 10/06/2022 - 10:24. The housing market may be slowing, but senior economist Jordan Rappaport predicts an upcoming surge in single-family home building . Single-Family Homes.

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NAHB New Chair to Tackle Regulation and Promote Trades

Pro Builder

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. NAHB will work with Congress, the White House, and federal agencies to reduce regulatory barriers and increase housing production. Advertisement.

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The Housing Market's Two Biggest Challenges

Pro Builder

Dietz says the media has blamed builders limiting sales due to lack of inventory and higher construction costs and that rising home prices have kicked many buyers out of the market. Both reasons do have an effect on the market, and NAHB says materials, labor, and land are holding back housing supply. Read More. .

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Housing Outlook: Is This a Recession … or Not?

Pro Builder

“I think we can confidently say we're now in a housing recession,” says Robert Dietz, chief economist and SVP for Economics and Housing Policy for the National Association of Home Builders ( NAHB ). NAHB Chairman’s Message: Members Urge Action on Housing Crisis. Lessons Learned From Previous Housing Market Disruptions.

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Economic Outlook 2021

Pro Builder

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. NAHB forecasts ongoing growth in single-family construction in 2021, albeit at a lower growth rate than realized in 2020.

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PSMJ Resources Blog: Residential Construction Continues to Struggle

PSMJ Resources

Residential Construction Continues to Struggle. A sluggish economy, a soft job market, a large inventory of foreclosed homes, the threat of additional foreclosures, and difficulty in obtaining financing for both potential homebuyers and for builders continue to act as a drag on the housing market. Construction Marketing Ideas.