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Most States Record YTD SF Permits Growth in February 2018
Blog 3 days ago
Most States Record YTD SF Permits Growth in February 2018

Over the first two months of 2018, the total number of single-family permits issued nationwide reached 123,871. On a year-over-year basis, this is...

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Small Gain for Housing Starts in March
Blog 4 days ago
Small Gain for Housing Starts in March

Total housing starts increased slightly in March, led by multifamily construction strength. Starts increased 1.9% to a 1.32 million seasonally...

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Builder Confidence Slips One Point, Remains in Solid Territory
Blog 5 days ago
Builder Confidence Slips One Point, Remains in Solid Territory

Builder confidence in the market for newly-built single-family homes edged down one point to a level of 69 in April on the National Association of...

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Construction Job Openings Higher Year-Over-Year
Blog 1 week ago
Construction Job Openings Higher Year-Over-Year

The count of unfilled jobs in the construction sector declined in February, but remains higher than a year ago. According to the BLS Job Openings...

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Tax Reform Toolkit: 199A for Incomes within the Phase-In Range
Blog 1 week ago
Tax Reform Toolkit: 199A for Incomes within the Phase-In Range

The prior two Tax Reform Toolkit posts have explained the new 20 percent pass-thru deduction (i.e. 199A) as it applies to pass-thru owners with:...

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New Home Building Employment Estimates by Congressional District
Blog 1 week ago
New Home Building Employment Estimates by Congressional District

The new NAHB estimates show that the average congressional district has more than 8,800 residents working in residential construction but that...

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Annual Inflation Accelerates on Monthly Decline
Blog 1 week ago
Annual Inflation Accelerates on Monthly Decline

The Bureau of Labor Statistics reported that consumer inflation fell by 0.1 percent over the month of March 2018 following a 0.2 percent increase...

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Housing Share of GDP
Blog 1 week ago
Housing Share of GDP

With the release of the final estimate of fourth quarter 2017 GDP growth (a 2.5% annual growth rate), housing’s share of gross domestic product ...

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Ready-Mix Concrete, OSB Lead Price Increases in March
Blog 1 week ago
Ready-Mix Concrete, OSB Lead Price Increases in March

Building materials prices continued to climb in March, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics...

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Builders’ Use of Aerial Drones Takes Off
Blog 1 week ago
Builders’ Use of Aerial Drones Takes Off

About two years ago, NAHB reported that 22 percent of single-family builders had used aerial drones (or unmanned aircraft systems, as the...

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Job Gains Slowed in March
Blog 2 weeks ago
Job Gains Slowed in March

The Bureau of Labor Statistics (BLS) reported the Employment Situation for March 2018. In March, job gains slowed and the unemployment rate...

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Construction Self-Employment Rates Exceed 23%
Blog 2 weeks ago
Construction Self-Employment Rates Exceed 23%

According to the 2016 ACS, over 23% of construction workers are self-employed, while an economy-wide average does not reach 10% of the employed...

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Mortgage Rates Rise
Blog 2 weeks ago
Mortgage Rates Rise

The Federal Housing Finance Agency reported that mortgage contract rates on purchases of newly built homes rose by 11 basis points over the month...

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Hispanic or Latino Homeownership Rates by County
Blog 2 weeks ago
Hispanic or Latino Homeownership Rates by County

Homeownership is an important driver of wealth creation in the US, with owner-occupied housing accounting for more than a quarter of assets among...

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Private Residential Spending Grew in February
Blog 2 weeks ago
Private Residential Spending Grew in February

NAHB analysis of Census Construction Spending data shows that total private residential construction spending stood at a seasonally adjusted annual...

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NAHB Releases New Home Building Employment Estimates by State
Blog 2 weeks ago
NAHB Releases New Home Building Employment Estimates by State

The new NAHB study presents the most recent and comprehensive estimates of home building employment, including self-employed workers, by state....

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Strong Employment Growth Across Most States in February 2018
Blog 3 weeks ago
Strong Employment Growth Across Most States in February 2018

According to the Bureau of Labor Statistics, nonfarm payroll employment increased in 43 states and the District of Columbia, unchanged in Wyoming,...

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Consumer Confidence Drops in March, But Remains Elevated
Blog 3 weeks ago
Consumer Confidence Drops in March, But Remains Elevated

The Conference Board’s Consumer Confidence Index declined in March, after increasing in February. The March decline in the Consumer Confidence...

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Saving Rate Rises to 3.4% in February
Blog 3 weeks ago
Saving Rate Rises to 3.4% in February

According to the most recent data release from the Bureau of Economic Analysis, savings increased to $497 billion in February, the highest level...

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US Economy Grew Faster Than Previously Estimated
Blog 3 weeks ago
US Economy Grew Faster Than Previously Estimated

According to the Bureau of Economic Analysis, the economy grew faster in the fourth quarter of 2017 than was originally estimated. The third...

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GDP Grew In Every State in the Third Quarter Of 2017
Blog 3 weeks ago
GDP Grew In Every State in the Third Quarter Of 2017

Real gross domestic product (GDP) increased in every state and the District of Columbia in the third quarter of 2017, according to the U.S. Bureau...

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Pending Home Sales Rebound
Blog 3 weeks ago
Pending Home Sales Rebound

After a slow start to the year, the Pending Home Sales Index increased 3.1% in February, but remains 4.1% below a year ago. The Pending Home Sales...

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Home Price Appreciation Continued in January
Blog 3 weeks ago
Home Price Appreciation Continued in January

In the first month of 2018, national home price appreciation continued, but at a slower pace than in December 2017. Meanwhile, more than half of...

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Tax Reform Toolkit: Pass-Thru Deduction Rules for High Income Taxpayers
Blog 3 weeks ago
Tax Reform Toolkit: Pass-Thru Deduction Rules for High Income Taxpayers

Eye on Housing’s first Tax Reform Toolkit post explained the basics of the new 20% deduction for pass-thru income (i.e. the 199A deduction). That...

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Black Homeownership Rates by County
Blog 3 weeks ago
Black Homeownership Rates by County

Homeownership has been and continues to be an important driver of wealth creation in the US, with owner-occupied housing accounting for almost a...

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February New Home Sales Flat After Upward Revisions to Prior Months
Blog 4 weeks ago
February New Home Sales Flat After Upward Revisions to Prior Months

Contracts for new, single-family home sales were effectively flat in February, inching down 0.6% to a 618,000 seasonally adjusted annual rate,...

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Homeownership is Key to Household Wealth
Blog 1 month ago
Homeownership is Key to Household Wealth

According to the 2016 Survey of Consumer Finances (SCF), nationally, the primary residence represents the largest asset category on the balance...

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Fed Raises Key Policy Rate
Blog 1 month ago
Fed Raises Key Policy Rate

As was widely expected, the Federal Open Market Committee (the FOMC) raised its key interest rate 25 basis points to a range of 1.50 percent to 1...

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Existing Sales Increase 3 Percent in February
Blog 1 month ago
Existing Sales Increase 3 Percent in February

Existing-home sales increased 3.0% in February, but the first-time buyer share remained at 29%, compared to 31% a year ago. The National...

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Construction Job Openings Near Post-Recession High
Blog 1 month ago
Construction Job Openings Near Post-Recession High

The count of unfilled jobs in the construction sector increased in January, nearing a post-recession high set in July of 2017. According to the BLS...

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