Tag: Washington DC
Single-family housing contraction continues in October
Elevated mortgage rates, high construction costs for concrete and other building materials and weakening demand stemming from deteriorating affordability conditions continue to act as...
Angel Baltimore joins NAA as senior vice president, information technology
The National Apartment Association (NAA) welcomed Angel Baltimore as the new Senior Vice President, Information Technology. Baltimore brings vast technology and leadership experience to NAA....
Builder confidence falls for ninth straight month as housing slowdown continues
In another sign that the slowdown in the housing market continues, builder sentiment fell for the ninth straight month in September as the combination...
NMHC names Sharon Wilson Géno president
The National Multifamily Housing Council (NMHC) named Sharon Wilson Géno, a 30-year veteran of the housing industry, as the organization’s President-Elect effective October 11....
Shift in single-family home building toward smaller markets continues
New findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) show a shift in home building activity over the...
Multifamily sector shows signs of caution in the second quarter
Confidence in the market for new multifamily housing was mixed in the second quarter of 2022, according to results from the Multifamily Market Survey...
Housing starts weaken in July as market slowdown continues
A sharp decline in single-family home construction is another indicator that the housing slowdown is showing no signs of abating, as rising construction costs,...
Builder confidence underwater after falling for eighth consecutive month
Builder confidence fell for the eighth straight month in August as elevated interest rates, ongoing supply chain problems and high home prices continue to...
Housing affordability falls to lowest level since Great Recession
Rising mortgage rates, high inflation, low existing inventory and elevated home prices contributed to housing affordability falling to its lowest point since the Great...
NMHC and NAA statement on Biden Administration plan to increase housing supply
The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) applaud the Biden administration for continuing to recognize the nation’s critical shortage of...
U.S. needs 4.3 million more apartments by 2035 to address demand, deficit and affordability
Amidst demographic shifts and lingering pandemic impacts on the population and broader economy, the U.S. faces a pressing need to build 4.3 million new...
Builder confidence plunges as affordability woes mount
Builder confidence plunged in July as high inflation and increased interest rates stalled the housing market by dramatically slowing sales and buyer traffic. In...
More than 600 builders urge Congress to take action to ease the housing affordability...
More than 600 builders from across the nation trekked to Capitol Hill for the National Association of Home Builders (NAHB) 2022 Legislative Conference to...
NAHB urges Congress to take steps to get more women in the workforce
To get more women working in the residential construction sector and overall workforce, lawmakers must pursue flexible, targeted and incentive-based strategies to tackle the...
Confidence in multifamily housing weakens in first quarter of 2022
Confidence in the market for new multifamily housing turned downward in the first quarter of 2022, according to results from the Multifamily Market Survey...
