Podcast: 2022 Economic Outlook with NAHB Chief Economist
In the first Housing Developments episode of 2022, sponsored by Wells Fargo, NAHB Chief Economist Rob Dietz sits down with co-hosts CEO Jerry Howard and Chief Lobbyist Jim Tobin to provide his economic outlook for the year ahead. Tune in to hear Dietz’s predictions regarding the supply chain, lumber prices, interest rates, housing affordability and more.
And remember that you still have time to register for the International Builders’ Show, Feb. 8-10, in Orlando, where you can hear from Dietz and more NAHB staff experts live and in person.
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Latest Economic News
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Credit for Builders Tightens, Cost Results MixedBorrowers and lenders agreed that credit for residential Land Acquisition, Development & Construction (AD&C) tightened further in the fourth quarter of 2024, according to NAHB’s survey on AD&C Financing and the Federal Reserve’s survey of senior loan officers.
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Residential Construction Input Prices Increase to Start the YearPrices for inputs to new residential construction—excluding capital investment, labor, and imports—were up 1.2% in January according to the most recent Producer Price Index (PPI) report published by the U.S. Bureau of Labor Statistics.
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Multifamily Developer Confidence Reflected Mixed Results in the Fourth QuarterWhile the Multifamily Production Index (MPI) increased seven points to 48 year-over-year, it is still below the break-even point of 50. The Multifamily Occupancy Index (MOI) had a reading of 81, up four points year-over-year.