Reminder: Register for the 2024 Macro Outlook Webinar
Don’t miss your chance to gain valuable insight as you prepare your business for the year ahead.
NAHB Chief Economist Robert Dietz will provide an overview of key macro issues expected to impact the economy and the housing industry in 2024 during an interactive webinar from Pro Builder on Tuesday, Dec. 12, at 11 a.m. ET.
The presentation, hosted by Pro Builder Editorial Director Rich Binsacca, will help you better understand the factors that will drive the housing industry in 2024, including productivity and inflation, interest rates and Fed policy, the state of construction labor, and market sentiment among housing professionals.
Register today to attend.
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Lots Still in Relatively Short SupplyAlthough shortages are not quite as widespread as they were in 2021, obtaining lots remains a challenge for many builders, according to recent results from the NAHB/Wells Fargo Housing Market Index (HMI) survey.
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HVAC in New Construction in 2024Almost all of new single-family homes started in 2024 used either an air/ground source heat pump or a forced air system for the primary heating equipment (97%), according to the Census’s Survey of Construction. Additionally, 20% percent of homes also used a secondary type of heating equipment.