Podcast: NAHB Chief Economist’s Midyear Report and Forecast
On the latest episode of NAHB’s Housing Developments podcast, CEO Jerry Howard and guest host Senior Vice President of Communications Paul Lopez sit down with Chief Economist Robert Dietz to hear his midyear economic report, forecast and advice to NAHB members on how to weather the upcoming “perfect storm” of high material prices, increased inflationary pressure, rising interest rates and regulatory challenges.
To view Dietz’s outlook from the beginning of 2021 and see how his predictions held up in the first half of the year, click here.
You can subscribe to Housing Developments wherever you listen to podcasts and also listen to previous episodes on nahb.org.
Latest from NAHBNow
Jul 26, 2024
How Soaring Prices for Building Materials Impact HousingPrices of most building materials are still far above their pre-pandemic levels, and the impact of those elevated prices can be seen in unexpected places.
Jul 25, 2024
NAHB Podcast: Changing Dynamics in the 2024 ElectionOn the latest episode of NAHB’s podcast, Housing Developments, CEO Jim Tobin and COO Paul Lopez are joined by Chief Lobbyist Lake Coulson to discuss the latest political news.
Jul 25, 2024
Lowe’s Foundation Makes Another Big Investment in Skilled Trades TrainingThe Lowe’s Foundation recently announced nearly $8 million in Gable Grants to a second cohort of community and technical colleges.
Latest Economic News
Jul 26, 2024
Personal Saving Rate Drops to Lowest Rate Since November 2022Personal income inched up 0.2% in June, down from a 0.4% increase in the prior month, according to the most recent data release from the Bureau of Economic Analysis (BEA).
Jul 26, 2024
Market Share of 5,000+ Square Foot Homes Declines in 2023The number of homes started in 2023 exceeding 5,000 square feet, dropped to 26,000, a decrease from 29,000 in 2022, according to the annual data from the Census Bureau’s Survey of Construction (SOC).
Jul 25, 2024
All-Cash Sales Remained at a Three-Year Low for the Second QuarterAll-cash purchases accounted for 6.9% of new home sales in the second quarter of 2024, the lowest level since the fourth quarter of 2021, revealed by NAHB analysis of the most recent Census Quarterly Sales by Price and Financing report.
Jul 25, 2024
Housing Share of GDP Remains Above 16% Despite Marginal Declines in Residential InvestmentHousing’s share of the economy stayed level at 16.1% in the second quarter of 2024. The share remained above 16% after staying constant at 15.9% for all of 2023.