Housing Share of GDP in Q1 2024 Rises Above 16%
The increase marks the first time GDP has surpassed 16% since 2022
Shelter Costs Drive Inflation Higher Than Expected in January
January Consumer Price Index data show inflation increased more than anticipated as shelter costs continue to rise despite Federal Reserve policy tightening
Weighing the Effects of the Fed's and Treasury's Latest Announcements
The upshot of the Jan. 31 announcements is that while mortgage rates will stay higher for longer, they're likely to hold steady
NAHB CEO Tobin Says 'Housing Renaissance' on the Horizon
Responding to positive housing-related data such as falling mortgage rates and increased homebuyer activity, NAHB's CEO Jim Tobin is optimistic
Are Fed Rate Hikes a Thing of the Past?
The Federal Reserve held rates steady again in December and forecasts three rate cuts in 2024
What's in Store for the National Housing Market in 2024
According to the 2024 National Housing Market Outlook report released on Wednesday by Bright MLS, affordability will remain the biggest challenge
Government + Policy
President Trump Signs Tax Extenders Into Law
NAHB Policy Briefing | Tax extenders are temporary provisions in the tax code that have expired and have to be cleared by Congress retroactively each year in order for filers to take them / Single-family home starts data
Top 3 Things First-Time Homebuyers Want From the Government
Builders may be focused on increasing construction to alleviate the affordable housing shortage, but buyers aren’t thinking so far ahead. Instead…
Home Prices Rose in All 20 Metro Areas Reported by S&P
Demand is up, inventory is down, and home prices are on the rise. According to the Case-Shiller U.S. National Home Price Index, home prices…
Coronavirus Pushes Interest Rates Down, Sparking Rise in Mortgage Applications
If anyone doubts the impact of foreign affairs, point to the mortgage rates this week. They dropped to their lowest level since November with the…
What Is the Housing Market Forecast for 2020?
The U.S. housing market can be difficult to predict, but as we start 2020, two things are clear: Buyer demand is strong, and the housing inventory…
5 Housing Market Predictions for 2020
Where is the housing industry heading in 2020? According to Fred McGill, co-founder & CEO of SimpleShowing, we are heading toward a boom. But…
Where Is the Economy Heading Based on 9 Economic Indicators?
Cue relief: If there is a recession in 2020, it won’t come from the housing industry. The number of housing permits is up to roughly 1.5 million,…
How Falling Mortgage Rates May Deepen Housing Shortage
The 30-year fixed mortgage rate is almost at rock bottom, sitting only one-quarter percentage point above its all-time low. Low rates…
Which Cities Have Recovered the Most and the Least from the Great Recession?
The late 2000s were not kind to the housing industry, but the builders able to stay in the field picked themselves up and got back to work. And…
Housing Demand Is Rising, But Inventory Short by 4 Million
The home industry is really picking up steam. Builders constructed 5.9 million single-family homes from 2012 to 2019, adding 888,000 last year…
