With rising mortgage rates approaching 7% and high construction costs, new home sales dropped by double digits in September. The National Association of Home Builders (NAHB) reported that sales of newly built, single-family homes fell 10.9% in September, according to …
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Hardware Retailing was in the crowd at the HIRI Summit in Chicago on September 20-21. Over the course of two days, attendees heard from over 12 speakers on diverse topics relevant to the home improvement industry. Review the 10 key …
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In a recent e-newsletter, National Association of Home Builders (NAHB) chief economist Robert Dietz shared his insights on the current and future economy and provided housing market updates. The rising mortgage interest rates and stricter policies from the Federal Reserve …
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Despite concerns over inflation, supply-chain disruptions and an ongoing labor shortage, homebuilder confidence remains high, according to CNBC. Builders continue to benefit from a low supply of existing homes for sale and housing demand remains strong even during the slow …
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It’s no secret that building materials are in short supply and the price of lumber and other supplies has increased significantly. In May 2021, the National Association of Home Builders (NAHB) surveyed builders in its annual Housing Market Index. Builders …
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Even as home builders report shortages of building materials and products, new research from the National Association of Home Builders (NAHB) suggests pros are also seeing sharp increases in product prices. In the latest version of the NAHB and Wells …
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New data shows the rate of existing home sales in the U.S. has fallen for the third consecutive month after reaching a record high in October. Additionally, April housing starts have also fallen since March. In total, existing home sales …
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Monitoring market trends in consumer sentiment, home improvement rates and construction figures can help you anticipate emerging opportunities for your business. Use the tables below to get a deeper understanding of a few of the forces affecting independent home improvement. …
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