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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. Leadership.

NAHB 98
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How the Skilled Labor Shortage Is Slowing New Home Development

Pro Builder

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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Regulatory Costs Increased 44% in 10 Years

Pro Builder

NAHB says regulatory costs are one of the biggest factors limiting housing construction. The estimate of $41,330 in regulatory costs incurred during development is based largely on the “Land Developer Survey on Regulatory Costs” conducted by NAHB in March of 2021. Read More. . Construction. Planning + Development. Economics.

NAHB 98
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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. Thanks to a surge in residential investment during 2020, housing’s share of GDP expanded and remains near historic levels.

NAHB 98
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Construction Workforce Development Gets New Funding Boost

Pro Builder

Research by economists at the National Association of Home Builders ( NAHB ) indicates that the home building industry requires almost 2.2 The gift will help fund residential construction faculty and curriculum, as well as scholarships to enable more than 500 students to attend the International Builders’ Show each year.

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