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Category NAHB

12
Dec

Lobbying Expense Portion of 2015 NCHBA Regular and Affiliate Member Dues

In 1993, the U.S. Congress enacted the Omnibus Budget Reconciliation Act of 1993 which contains a provision affecting trade associations like NCHBA. The act provides that for tax years beginning in 1994, taxpayers will no longer be able to deduct from their federal income taxes any portion of their association dues attributable to that association’s …

21
Aug

Home Construction Rebounds in July

From the NAHB After a disappointing June report, housing starts rebounded to an annual rate of 1.093 million for a 15.7% increase over the upwardly revised June level. The substantial June dip, caused by a fall in single-family construction in the South, was eliminated as single-family construction rose 8.3% with increases in three of the …

29
Jul

Housing Starts Pause and Existing Sales Rise

From the NAHB Existing home sales posted a third monthly increase in June, passing a 5 million annualized sales pace for the first time since October of 2013. The recent gains reverse the negative trend that had set in after an increase in mortgage interest rates in the fall followed by an unusually long winter …

10
Jul

Home Sales Surge After Slow First Quarter

From the NAHB Housing news continued to improve as pending home sales surged following a slow first quarter. Home prices also continued to move higher but at a more moderate pace, suggesting the extra push caused by investors may be slowing. Economic news, however, was mixed. Consumer confidence increased in response to improving labor market …

27
Jun

Builder Confidence and Home Sales on the Rise

From the NAHB Housing news turned positive this week as spring gave way to summer. Future data will confirm whether the recent turn in momentum reflects a return to the improving trend that was in place before the end of 2013, but early signs are encouraging. New single-family home sales reached their highest pace in …

16
Jun

Slow Progress After a Tough Quarter

From the NAHB The overall economy slowed at the start of 2014, which took a toll on housing and economic activity. According to the Bureau of Economic of Analysis, real GDP contracted at a 1% seasonally adjusted annual rate during the first quarter. Growth would have been slightly positive absent a decline in business inventory …

15
May

Home Improvement Season

From the NAHB After a weak performance for the economy as a whole during the first quarter, spring is a time for improvements – for homes and the overall housing market. May is National Remodeling Month, and NAHB has useful data for remodelers who want to know why home owners are undertaking improvements, as well …

1
May

Mixed Signals as Spring Data Bloom

From the NAHB With the unseasonably cold winter now finally over, the spring home building and selling season has begun. Economic data thus far presents mixed news. For example, new home sales disappointed for the month of March. The U.S. Census Bureau and the Department of Housing and Urban Development reported that March new home …

21
Apr

4/21 Builder News

Builder Confidence Flat Builder Confidence Flat as Winter Ends An unseasonably cold winter took its toll on economic activity at the start of 2014, causing many key market measures to fall short of initial forecasts. For example, first quarter GDP growth will likely prove to have been less than 1%. However, as winter turns to ...
17
Apr

NAHB Reveals Popular Features in New Homes

NAHB Reveals Most Popular Features Found in New Homes During New Homes Month in April, the National Association of Home Builders (NAHB) is sharing the most popular features in new single-family homes in 2014. Builders from across the country were surveyed on what features they were most likely to include in a typical single-family home …

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