With the end of 2023 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. Trends concerning building material pricing were examined monthly by David Logan. In May, David reported on a pivot for aggregate building material…
With the end of 2023 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. Danushka Nanayakkara-Skillington provided recent year-to-date estimates for building permits, including top ten lists for single-family and multifamily markets. Single-Family Permits Down in…
With the end of 2023 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. Two such posts focused on home prices and construction costs. In November, Natalia Siniavskaia examined 2022 Census data to report regional differences…
Elevated mortgage rates acted as a drag on new home sales in November, but with the economy now apparently past peak interest rates for this cycle, sales are expected to rise as we move into the new year. Sales of newly built, single-family homes in…
NAHB analysis of the Census Bureau’s quarterly state and local tax data shows that $129 billion in taxes were paid by property owners in the third quarter of 2023 (not seasonally adjusted).[1] In the four quarters ending Q3 2023, state and local governments collected $757 billion of property…
Consumer confidence jumped to a five-month high as consumers were more optimistic about inflation and the economic outlook. This optimism was primarily driven by slowing inflation, expectations of lower interest rates, and fading fears of recession. The Consumer Confidence Index, reported by the Conference Board,…
