Industry News

Housing Starts Reach Post-Recession High in May as Permits Soften

Tom Oslund

Total housing starts rose 5% in May to a seasonally adjusted annual rate of 1.35 million units, according to newly released data from HUD and the Commerce Department. This is the highest housing starts report since July 2007.

While housing production numbers rose, overall permits dropped 4.6% to 1.3 million units: Single-family permits fell 2.2% to 844,000 while multifamily permits fell...

Reaching Out to First-Time Home Buyers

Tom Oslund

During National Homeownership Monthin June, the housing industry celebrates the important role that home plays in our lives and the benefits of homeownership to households, communities and the national economy.

It’s also an exciting opportunity to help open the door of homeownership to a rising tide of first-time home buyers.

As we’ve previously reported, recent data from the...

Promote National Homeownership Month in June

Tom Oslund

NAHB and its members are celebrating National Homeownership Month in June. And with good reason: New research shows a household’s primary residence is its largest asset and continues to provide an important building block for long-term financial security.

The latest edition of the Survey of Consumer Finances, published by the Board of Governors of the Federal Reserve System, reports...

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