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

Pro Builder

NAHB Chairman's Letter: Regulations Add $93,870 to a New Home’s Price. 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. from $84,671 in 2016 during the five-year span between NAHB’s estimates.

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Builders Pull Back Due to Building Material Costs and Labor Issues

Pro Builder

Builders Pull Back Due to Building Material Costs and Labor Issues. Limited availability and rising costs of construction materials are creating a slowdown in housing production. Builder confidence remains solid in spite of supply-side challenges, according to the NAHB/Wells Fargo Housing Market Index (HMI). Building Materials.

Materials 105
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The Housing Market's Two Biggest Challenges

Pro Builder

Both reasons do have an effect on the market, and NAHB says materials, labor, and land are holding back housing supply. Ultimately, higher interest rates will depend on the pace of economic growth and the future of monetary policy in an environment with growing uncertainty. Building Materials. Read More. .

Housing 52
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Housing Starts Spring Forward in March

Pro Builder

Also, builder confidence remains strong in spite of supply-side challenges, according to the NAHB/Wells Fargo Housing Market Index (HMI). Despite the rising cost for lumber and other building materials, Housing starts for combined single-family and multifamily construction were off to their fastest pace during March since June 2006.

Housing 52