Podcast: What's in Store for 2023 and Beyond
On the latest episode of Housing Developments, NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin provide a recap of a successful 2023 International Builders' Show, an economic overview for the year ahead and insights into the 2024 presidential race.
They also provided an overview regarding NAHB's recent advocacy efforts surrounding the "waters of the United States" (WOTUS) rule, including NAHB Chairman Alicia Huey’s congressional testimony calling for "SCOTUS before WOTUS," and other important issues on the horizon, including rent control.
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Latest from NAHBNow
House Prices
Sep 06, 2024
House Prices Continue to Appreciate in Second QuarterLimited resale inventory and strong growth in demand continued to put upward pressure on house prices.
Awards
Sep 05, 2024
Exceptional EOs Recognized by NAHBThe individual winners of the 2023 Association Excellence Awards were announced during the 2024 Association Management Conference in Salt Lake City.
PWB Week
Sep 05, 2024
NAHB to Kick Off Professional Women in Building WeekJoin NAHB Sept. 9-13, 2024, for a week of inspiring content, including Shop Talk discussions, blog posts and social media shout-outs that showcase the achievements of women across all areas of the industry, as well as NAHB’s combined efforts to promote, train, advance and welcome more women to the field.
Latest Economic News
Economics
Sep 06, 2024
August Job Gain Led by ConstructionToday’s jobs report and the newly released preliminary estimate of the benchmark revision indicate that the U.S. labor market is slowing from its overheated state in 2021 and 2022 but remains stable.
Economics
Sep 06, 2024
Mortgage Rates Continued to Decline in AugustMortgage rates continued to decrease in August, landing at an average rate of 6.50%. According to Freddie Mac, the average monthly rate fell by 35 basis points (bps) from July’s rate of 6.85%. The August rate is down 57 bps from one year ago, which stood at 7.07%.
Economics
Sep 05, 2024
Refinancing Activity Jumped in August as Mortgage Rates DeclinedThe Market Composite Index, a measure of mortgage loan application volume by the Mortgage Bankers Association’s (MBA) weekly survey, saw a month-over-month increase of 10.7% on a seasonally adjusted (SA) basis.
Economics
Sep 05, 2024
House Price Appreciation by State and Metro Area: Second Quarter 2024House price appreciation was recorded in all 50 states and the District of Columbia. Limited resale inventory and strong growth in demand continued to put upward pressure on house prices.