Podcast: NAHB’s Position on Banning Gas Appliances and Congress Gets Back to Work
In the latest episode of NAHB’s Housing Developments podcast, NAHB CEO Jim Tobin and SVP Paul Lopez explain NAHB’s position on recent efforts to regulate gas appliances out of the market. The two also discuss pressing legislative issues now that Congress is working again and wrap up a busy week in Washington with NAHB’s Spring Leadership Meeting, Legislative Conference and the Innovative Housing Showcase.
Listen to Housing Developments wherever you get your podcasts, or watch a video of the full episode below.
Editor’s note: Read updates on the REINS Act, gas stoves legislation and the Fed’s meeting this week.
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Confidence in the market for new multifamily housing weakened year-over-year in the third quarter, according to the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 41, down five points year-over-year, while the Multifamily Occupancy Index (MOI) had a reading of 69, also down five points year-over-year.
Latest Economic News
New multifamily housing confidence weakened year-over-year in the third quarter, according to the Multifamily Market Survey (MMS) by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 41, down five points year-over-year, while the Multifamily Occupancy Index (MOI) had a reading of 69, also down five points year-over-year.
Mortgage application activity declined in October as the 30-year fixed mortgage rate rose sharply again. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of total mortgage application volume, fell 14.1% month-over-month in October on a seasonally adjusted basis. Compared to a year ago, total mortgage applications were 39.8% lower.
In 2025, the majority of homes started featured laundry connections on the first floor (70%), according to the Census’s Survey of Construction. Laundry located on the second floor or higher was the second most prevalent at 27%. The basement, garage, and other locations all had a 1% or lower share.