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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Latest Economic News
Labor shortages in the home building industry are becoming more widespread, according to recent results from the NAHB/Well Fargo Housing Market Index (HMI) survey.
Higher energy prices pushed inflation to a four-month high in September, keeping pressure on the Fed as inflation has remained above its 2% target for more than five years.
Existing home sales rose after three months of declines as improved inventory gave buyers more negotiating power. As buyers wait for rate relief, homes are sitting on the market longer and for-sale inventory reached the highest level in over a decade.