New priced out study highlights the housing affordability crisis
A new study by the National Association of Home Builders (NAHB) puts a spotlight on the nation's housing affordability crisis and illustrates how even a relatively small increase in the price of a home can prevent hundreds...
NAHB releases salary, bonus and benefit data for 39 jobs across the home building...
BuilderBooks, the publishing arm of the National Association of Home Builders (NAHB) recently released The Single-Family Builder Compensation Study, 2017 Edition. The study includes data collected on compensation and benefits for 39 common positions at single-family home building...
Job openings trend lower in October
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings fell to 10.33 million in October. In addition, last month’s job openings...
Remodeling market sentiment edged down in second quarter
The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter, posting a reading of 68, edging down two points compared to the previous quarter.
The NAHB/Westlake...
2023 NMHC 50 highlights a tumultuous year for multifamily with market improvements expected
Pandemic-related household growth and economic impacts resulted in a complicated 2022 for the multifamily industry. An extremely tight market in the first quarter of 2022 yielded to slower rent growth and higher vacancy rates...
Construction materials prices up despite lumber price declines
The Bureau of Labor Statistics (BLS) released its producer price index report for August 2021. It showed that construction components and materials prices were up 0.2 percent in the month, seasonally adjusted. The index...
NMHC Multifamily Construction Survey explores impact of COVID-19 on the industry
The National Multifamily Housing Council (NMHC) today released a new survey on multifamily construction that found more than half (55 percent) of respondents said that they are currently experiencing construction delays in the jurisdictions...
July apartment market conditions show improvement; construction labor reported as both more expensive and...
Apartment market conditions improved across three of the four indexes measured by the July National Multifamily Housing Council (NMHC) Quarterly Survey of Apartment Market Conditions. The Sales Volume (55), Equity Financing (56) and Debt...
CMBS delinquencies fall as large loan cures
Trepp reported that delinquency rate for multifamily commercial mortgage-backed securities (CMBS) loans declined slightly in November, falling 18 basis point. The delinquency rate for the overall market also fell as a large industrial loan...
Residential construction spending down in July
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in July was down 1.5 percent from the revised (+1.2 percent) level of the month before. Residential...
NAHB recognizes top firms in multifamily
At the International Builder’s Show in Las Vegas, the National Association of Homebuilders (NAHB) presented their Pillars of the Industry awards which recognize firms and communities representing the best in multifamily development, marketing and...
NMHC and NAA urge Congress to deploy tax policy to create more affordable housing...
Tax policy is a critical tool that can be used to address the nation’s housing affordability crisis. National Multifamily Housing Council (NMHC) President Sharon Wilson Géno delivered that message to the Senate Finance Committee...
The all-new HUD.gov
HUD Public Affairs launch their newly redesigned website, HUD.gov. The site has been extensively redesigned with the goal of improving the site's usability. Changes were made to the site's menus to improve the ease...
Fannie Mae no longer forecasts recession
Fannie Mae’s January economic forecast is their first since April 2022 that does not anticipate that the U.S. economy will go into recession as the Federal Reserve works to bring inflation under control. The...
HUD awards $99 million to provide affordable housing to people with disabilities
The U.S. Department of Housing and Urban Development (HUD) today awarded $98.5 million to 285 local public housing authorities across the country to provide permanent affordable housing to nearly 12,000 additional non-elderly persons with...
