Tag Archive for ‘home building’

Tax Week: Small Business Tax Issues

As part of NAHB’s examination of tax issues and the housing sector, our focus now turns to small business tax concerns. Earlier today, Marty Mitchell of Mitchell and Best Homebuilders testified before Congressional Committee on Small Business on behalf of the nation’s home builders. His testimony included a number of facts that illustrate the importance of small businesses to housing. NAHB Census of Membership… Read More ›

Multifamily Starts Slow in March, but Permits Increase

In March, the (seasonally adjusted) annual rate of starts in buildings with five or more apartments was 178,000, according to the latest release from the Census Bureau’s Manufacturing and Construction Division.  This is a 20 percent decrease from the February starts rate (which was revised downward slightly) but is nearly 9% higher than the March 2011 rate.  And the long-run trend continues… Read More ›

Tax Week: The Mortgage Interest Deduction

As tax filing season comes to a close, now is a good time to take a look at some of the basic facts concerning the mortgage interest deduction (MID). As homeowners past and present know, the MID is a cornerstone of American tax and housing policy. Broadly claimed, the deduction facilitates homeownership.  A few facts about the MID from 2010… Read More ›

Builder Confidence Slips Three Points in April

Builder confidence in the market for newly built, single-family homes declined for the first time in seven months this April, sliding three notches to 25 on the National Association of Home Builders/Wells Fargo Housing Market Index, released today. The decline brings the index back to where it was in January, which was the highest level since 2007. Derived from a… Read More ›

Who Lives in New Housing?

April is New Homes Month, so we thought we would take a look at the demographic data from the most recent edition of the American Housing Survey (AHS) to see who lives in newly constructed homes. The AHS defines new construction as housing units no more than four years of age. Typically, larger households are relatively more likely to live in new homes…. Read More ›

Construction Hiring Slows at the Beginning of 2012

February data from the Job Openings and Labor Turnover Survey (JOLTS) from the Bureau of Labor Statistics suggest that while construction hiring continues to add net jobs to the sector, the rate of this increase slowed at the beginning of the year. For the economy as a whole, hiring rates remain near post-recession highs. The hiring rate in February increased… Read More ›

Neighborhoods with New Homes are Preferred

April is new homes month. And while the benefits of new homes are typically thought of in terms of the house itself, neighborhoods of new homes are typically preferred by homeowners. Data from the 2009 American Housing Survey (AHS) offer proof. The AHS classifies new construction as homes no more than four years old. When asked to rank their neighborhood… Read More ›