Podcast: Are 3D-Printed Homes the Next Big Thing?
On the latest episode of Housing Developments, NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin talk with Peter Cooperman, interim CMO of Black Buffalo 3D, to get the inside scoop on 3D printing new housing. Tune in to learn about the technology and its varied applications, and how Black Buffalo worked with the International Code Council to develop codes for its product.
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Business Management | Membership
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Latest Economic News
Economics
Dec 11, 2024
Inflation Remains Sticky Despite Easing Housing CostsInflation picked up to 2.7% in November, while matching expectations, the last mile to the Fed’s 2% target proves to be the most challenging. Shelter costs continued to be the main driver of inflation, contributing nearly 40% of the monthly increase. However, the year-over-year change in the shelter index remained below 5% for a third straight month and posted its lowest annual gain since February 2022, suggesting moderation in housing inflation.
Economics
Dec 11, 2024
States and Construction Trades Most Reliant on Immigrant Workers, 2023As reported in a previous post, immigrants make up one in four workers in the construction industry. The share of immigrants is significantly higher (32.5%) among construction tradesmen. In some states, reliance on foreign-born labor is particularly evident, with immigrants comprising over 40% of the construction workforce in California and New Jersey, and 38% – in Texas and Florida.
Economics
Dec 10, 2024
Credit Still Tight, But Builders Finally Get Some Relief from Interest RatesIn the third quarter of 2024, borrowers and lenders agreed, as they have over most of the past three years, that credit for residential Land Acquisition, Development & Construction (AD&C) tightened.