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Fed Economist Forecasts Uptick in Single-Family Construction

Pro Builder

Fed Economist Forecasts Uptick in Single-Family Construction. The housing market may be slowing, but senior economist Jordan Rappaport predicts an upcoming surge in single-family home building . NAHB reports. Thu, 10/06/2022 - 10:24. million, but a number of challenges remain for regional builders across the U.S.,

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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. How overregulation is exacerbating the nation’s housing affordability crisis. Chuck Fowke NAHB 2021 Chairman. Overregulation is exacerbating the nation’s housing affordability crisis. Mon, 06/07/2021 - 06:00.

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Will the Housing Industry Lead the Nation?s Economic Recovery?

Pro Builder

Will the Housing Industry Lead the Nation’s Economic Recovery? The housing industry was bracing itself for a brutal April, but for new home builders, the damage was not nearly as bad as expected. Due to economic challenges associated with COVID-19, NAHB was forecasting an additional sales decline in April. New Home Sales.

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Zillow Forecasts Home Prices to Fall in These 259 Markets

Pro Builder

Zillow Forecasts Home Prices to Fall in These 259 Markets. housing market as house prices continue to fall. The Federal Reserve’s fight against inflation has many questioning the possibility of a housing crash as rising mortgage rates force the U.S. housing market into a sharp slowdown. Housing Markets.

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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. We strive to meet the housing needs of families across the economic spectrum,” Fowke says. Mon, 08/03/2020 - 13:00. Advertisement.

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Economic Outlook 2021

Pro Builder

Derived from a monthly survey that NAHB has been conducting for 35 years, the NAHB/Wells Fargo Housing Market Index (HMI) gauges builder perceptions of current single-family home sales and sales expectations for the next six months as “good,” “fair,” or “poor.”

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How the Construction Industry Is Rethinking Workforce Development

Pro Builder

based organization dedicated to addressing the construction worker shortage, she wondered about the root causes of the housing industry’s skilled worker shortage. Based on data from the Bureau of Labor Statistics analyzed by NAHB Economics, the construction industry as a whole needs a net gain of about 2.4 But the task is monumental.