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TAG: National Association of Home Builders

Product Availability, Cost Hikes Dimming Outlook for Housing

WASHINGTON, DC — Builder confidence held stable in May, despite growing concerns over the rising price and availability of most building materials, particularly lumber, the National Association of Home Builders said. According to the NAHB/Wells Fargo...

Lumber Price Surge Impeding Housing Growth, NAHB Says

WASHINGTON, DC — Soaring lumber prices that have tripled over the past 12 months have caused the price of an average new single-family home to increase by $35,872, according to new data compiled by the National...

Homebuying Shifts to Suburbs, Low-Cost Markets Seen Continuing

WASHINGTON, DC — The suburban shift in home building to meet growing buyer preferences for lower-density, lower-cost markets stemming from the COVID-19 pandemic is expected to continue throughout 2021, even as nationwide vaccination efforts continue to...

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