Pro Builder

AUGUST 9, 2021

The Housing Market's Two Biggest Challenges. Both reasons do have an effect on the market, and NAHB says materials, labor, and land are holding back housing supply. Building Materials. cbroderick. Mon, 08/09/2021 - 09:53. New-home sales remained 13.5% from May 2021 to an annualized rate of 676,000. Read More. .

Housing 52

Housing NAHB Inventory Forecasting 52

Pro Builder

OCTOBER 19, 2022

As elevated interest rates continue to price out would-be homebuyers and supply chain disruptions drive up costs for materials, builders are revising their outlooks on single-family home building. High mortgage rates approaching 7% have significantly weakened demand, particularly for first-time and first-generation prospective home buyers.

NAHB 97

NAHB Forecasting Housing Contract 97

Pro Builder

DECEMBER 3, 2021

year-over-year inflation gain for the month of October, marking the largest increase in over 30 years, according to NAHB Now. Though most economists expect inflation to ease in 2022, ongoing labor shortages and a recent decision by the Commerce Department to double tariff rates on lumber will keep housing prices high into the new year.

NAHB 59

NAHB Forecasting Risk Permits 59

Pro Builder

JUNE 18, 2021

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.” seasonally adjusted annual rate.

NAHB 98

NAHB Housing Inventory Residential 98

Pro Builder

JULY 29, 2021

When the Fed announced tapering bond purchases in 2013 after the economy recovered from the Great Recession, interest rates spiked quickly and housing softened. The central bank continues to monitor inflation data, including ongoing, elevated levels of commodities and building materials such as and lumber and OSB. Read More. .

Forecasting 52

Forecasting Equity NAHB Banking 52

Construction Marketing

SEPTEMBER 19, 2014

It’s important to note that none of those recoveries followed a housing collapse as devastating as the one that occurred in 2008. As an Associated Press report from 2012 points out, credit “evaporated” with the Lehman Brothers collapse, housing prices dropped 30 percent and construction was brought to a “near-standstill.”.

Construction 250

Construction Industrial Housing Employment 250

Autodesk Construction Cloud

MARCH 23, 2022

million new housing units planned annually in the U.S. — increase in construction building material November 2021 YTD, tripling the increase of the prior year. [ Eye On Housing ] | Click to Tweet. NAHB ] | Click to Tweet. AI is forecasted to reach $4.51 Redshift ] | Click to Tweet. up from 583,000 in 2009.

Statistics 98

Statistics Industrial Autodesk Construction 98