National

Articles with a National focus

2023 Builders’ Show draws largest attendance in more than 10 years

Nearly 70,000 home building professionals from around the globe filled the exhibit halls of the Las Vegas Convention Center as the National Association of Home Builders (NAHB) hosted the NAHB International Builders’ Show (IBS),...
Sharon Wilson Géno

NMHC names Sharon Wilson Géno President

The National Multifamily Housing Council (NMHC) Board of Directors named Sharon Wilson Géno as President during its 2023 Annual Meeting. Wilson Géno has been serving as President-Elect since September. She takes the helm from...

Multifamily housing market will weaken in 2023 while remodeling market remains solid

Multifamily starts are predicted to fall in 2023, following an unsustainable high level of production last year, according to the National Association of Home Builders (NAHB). Meanwhile, the remodeling sector remains on solid ground...

A housing downturn in 2023 followed by a recovery in 2024

The housing recession that began in 2022 will bleed into 2023 as elevated inflation and mortgage rates, coupled with stubbornly high building material construction costs, continue to take a toll on the housing industry...
apartment prices fall for month

Multifamily property price rises stall

CoStar reported that its value-weighted index of multifamily property prices increased only 1.0 percent year-over-year in December 2022. The index was down 1.4 percent month-over-month, the fifth monthly decline in a row. The value-weighted index...
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NAHB Pillars of the Industry finalists 2022

As part of its mission to promote excellence in multifamily home building, the National Association of Home Builders (NAHB) has sponsored the Pillars of the Industry awards for more than 20 years. These awards...

Infographic: The Q4 $1.7 trillion spending plan is now law

Here’s the multifamily housing industry take December’s massive government spending law signals the end of two years of Democrat control of the federal government. The law funds federal departments, agencies and programs impacting housing especially favoring...

The creators

“Beauty is the promise of happiness,” wrote 19th Century French writer Stendhal. Beauty “exalts the mind or spirit,” according to Merriam-Webster and “truth, beauty and goodness” are the eternal principles for which the soul...

High interest rates stymie apartment investment

Few are executing new deals amid uncertainty about how high rates will go, what properties are worth, how much rents and operating costs will grow and whether a recession is coming. Higher interest rates have...

Our perception of skilled trades needs to change

The U.S. is in the midst of a crisis of masculinity. According to a new study from the Federal Reserve Bank of Boston, men without four-year college degrees, ages 25 to 54, have left...
Joe biden white house

White House plans new renter protections

The White House recently announced a series of actions that executive branch agencies will take to improve renter protections and “fairness” in the rental housing market. It also released a document called Blueprint for...
declining rent growth

Yardi Matrix sees slower rent growth in 2023

Yardi Matrix now projects that the national average asking rent growth in 2023 will be 2.6 percent, down from their previous estimate of 3.1 percent. The decline was driven by a few large markets...

New home sales inch higher in December but market weakness remains

While new home sales posted a modest gain in December, elevated mortgage rates and higher construction costs continue to hinder housing affordability and put a damper on consumer demand. Sales of newly built, single-family homes...

Industry associations response to White House Renters Plan

NAHB Chairman Jerry Konter Jerry Konter, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Savannah, Ga., issued the following statement on the White House residential renter package...
fair housing affh

HUD proposes new revisions to AFFH rules

On January 19, the Department of Housing and Urban Development (HUD) issued a press release stating its intent to once again amend the rules surrounding HUD's affirmatively furthering fair housing (AFFH) regulations. While HUD...
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