Job Gains Slow in December
Job gains slowed sharply for the second straight month in December as the Omicron variant began to spread. Nonfarm payrolls increased by 199,000 in December, and the unemployment rate fell…
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Domestic Sawmill Output Continues to Lag Home Construction
The failure of domestic sawmills to sufficiently boost output in the face of ongoing strong home buyer demand was a primary factor that contributed to record-high lumber prices and price…
The Effect of Affordable Housing on the Surrounding Neighborhood
Although produced by NAHB’s Economists, Eye on Housing is intended for a fairly broad readership with an interest in housing, but not necessarily in the academic research published by technical…
Bedrooms, Kitchens Consume Copious Space in New Homes
In the average new home, 28.0 percent of the finished floor space is allocated to bedrooms and 11.2 percent to the kitchen area, according to a recent NAHB study. The…
Property Taxes by State – 2017
Property taxes vary widely across states both in terms of annual taxes paid as well as effective tax rates. In 2017, the difference between average real estate taxes paid by…
AMT Changes Made in the Tax Cuts and Jobs Act
As tax reform negotiations pressed forward last year, there were high hopes that the dreaded individual alternative minimum tax (AMT) would be repealed. While the corporate AMT was abolished permanently,…
Expiring Provisions of the Tax Cuts and Jobs Act
…by the chained consumer price index (C-CPI). This would result in most taxes increasing when compared to their pre-TCJA levels. Beginning at the end of 2022, “full expensing” (i.e. 100…