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Housing Starts Relatively Flat Off of Strength in Multifamily Sector
Total housing starts declined 0.9% in May to a seasonally adjusted annual rate of 1.27 million units from an upwardly revised reading in April, according to a report from the U.S. Housing and Urban Development and Commerce Department.
Builder Confidence Solid in June Amidst Growing Economic Uncertainty
Builder confidence in the market for newly-built single-family homes fell two points to 64 in June, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today. Sentiment levels have held at a solid range in the low- to mid-60s for the past five months.
Resources to Help Home Builders Address Opioid Abuse Now Available through NAHB
NAHB recently released resources to help residential construction companies address the opioid crisis facing the home building industry. The initiative, “Opioids in the Home Building Industry: Making it Your Business,” provides materials available to anyone in the home building and construction industries.
Thousands Witness Housing Innovation on the Nation’s Front Lawn
The inaugural Innovative Housing Showcase drew more than 5,000 people June 1-5 on the National Mall in Washington, D.C.
Co-hosted by NAHB and the U.S. Department of Housing and Urban Development (HUD), the Showcase featured state-of-the-art building technologies and housing solutions that can make homeownership more affordable for American families, and homes more resilient during natural disasters.
CFPB Releases FAQs on Disclosure for Construction Loans
The Consumer Financial Protection Bureau (CFPB) last week published the first set of Frequently Asked Questions on the TILA-RESPA Integrated Disclosure, or TRID Rule, as it applies to construction loans.
NAHB Builders Discuss Nation’s Affordability Crisis at Congressional Panel
NAHB Chairman Greg Ugalde and Utah builder Chris Gamvroulas participated in a June 5 forum on affordable housing held by the New Democrat Coalition.
New Stormwater Construction General Permit Addresses NAHB’s Concerns
In a big win for builders, the Environmental Protection Agency (EPA) on May 28 modified its stormwater construction general permit (CGP) to address several of NAHB’s concerns.
Sign Up for NAHB Transitional Board Meeting Webcasts
The first in-person meetings of the newly formed transitional board of directors will take place Tuesday, June 4, at 12 p.m. ET and Saturday, June 8, at 3:30 p.m. ET. Sign up today to watch the meetings via webcast.
Resources to Promote National Homeownership Month in June
HBAs and members have a great opportunity to promote the benefits of homeownership throughout the month of June. To support outreach efforts, NAHB provides an online toolkit of resources that can be tailored to your local market.
Video: NAHB Chairman Updates Members on New Efforts to Fight Housing Discrimination
NAHB Chairman Greg Ugalde discusses the association’s latest efforts to enhance housing accessibility to those in need during this month’s video update to members.