NAHB Announcements

  • Strong Single-Family Permit Gains in February

    Over the first two months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 164,901. On a year-over-year (YoY) basis, this is a 16.6% increase over the February 2020 level of 141,467. Year-to-date ending in February, single-family permits showed increases in all four regions. The relatively more affordable Midwest reported the strongest increase of 24.0%, followed... Read More &rsaquo […]

  • Headline Inflation Accelerates in March

    Both headline inflation and core inflation accelerated in March as the economy reopens from the COVID-19 recession. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.6% in March on a seasonally adjusted basis, after an increase of 0.4% in February. It marks the biggest increase since June 2009. Excluding the volatile food and... Read More &rsaquo […]

  • Minority Households Face Housing Affordability Challenges

    New NAHB analysis on housing affordability based on race and ethnicity shows a wide disparity regarding the number of households that can afford a new median priced home. At the national level, the share Black households that are able to afford the new homes is substantially lower than the share of non-Hispanic white households. Only 24% of Black households are... Read More &rsaquo […]

  • Buyers Have Diverse Preferences for the Home’s Exterior Design

    A new question introduced to the 2021 Edition of What Home Buyers Really Want* showed buyers pictures and descriptions of four exterior designs and asked for their preference. Results reveal that buyers have quite diverse preferences for the exterior style of their home, since none of the choices was preferred by anywhere near a majority of buyers. At best, a... Read More &rsaquo […]

  • Building Materials Prices Rise Across the Board in March

    Prices paid for goods used in residential construction ex-energy rose 2.4% in March (not seasonally adjusted) and have increased 9.8% over the past 12 months, according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. Building materials (i.e., inputs to residential construction less food and energy) prices have declined just twice since December 2019. The index... Read More &rsaquo […]