Over Two-Thirds of New Homes in 2023 Feature Porches
…SOC in 2005. Traditionally, porches on new homes have been most common in the four states that make up the East South Central Census division. That was true again in…
…SOC in 2005. Traditionally, porches on new homes have been most common in the four states that make up the East South Central Census division. That was true again in…
On average, 40% of builders’ single-family home sales so far in 2024 have been made to first-time home buyers, according to the most recent NAHB/Wells Fargo Housing Market Index survey…
…first interest rate hike of this cycle. In the first eight months of 2024, 1,475,000 jobs were created. Additionally, monthly employment growth averaged 184,000 per month, compared with the 251,000…
NAHB’s Cost of Housing Index (CHI) highlights the burden that housing costs represent for middle and low-income families. In the second quarter of 2024, the CHI found that a family…
Nonfarm payroll employment increased in 28 states in July compared to the previous month, while 22 states saw a decrease. The District of Columbia reported no change. According to the…
In the latest 2023 NAHB member census, 21% of NAHB builder members listed residential remodeling as their primary business. These remodelers tend to be relatively small, with a median of…
The majority of NAHB builder members are small businesses, according to the annual census of its members NAHB has been conducting since 2008. The most recent installment of the census…