Podcast: Builder Sentiment Improves as Congress Looks to Approve Budget
On the latest episode of NAHB’s podcast, Housing Developments, sponsored by LG Pro Builder, CEO Jim Tobin and COO Paul Lopez break down the latest housing numbers, provide insights on the 2024 election, and highlight key congressional funding areas NAHB continues to actively advocate to secure during the ongoing budgeting process.
Watch the latest episode below and subscribe to Housing Developments through your favorite podcast provider.
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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.