The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for Q1 2025, posting a reading of 63, down five points compared to the previous Q1 2025. Although 63 is still positive, this is the …
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New U.S. Tariffs Expected to Impact Supply Chains and Prices
President Donald Trump announced tariffs on nearly all U.S. trading partners on April 2. These measures include a universal 10% tariff on all imported goods, effective April 5, 2025, with additional country-specific tariffs commencing April 9, 2025. Notable increases involve …
Read More »NAHB Chairman Discusses Priorities for 2025
On the latest episode of Housing Developments, a podcast from the National Association of Home Builders (NAHB), 2025 NAHB chairman Buddy Hughes shared what he’s hearing from members and his plans for the association throughout 2025. Hughes was elected to …
Read More »Remodeling Market Poised for Growth in 2025
Industry experts from a panel hosted by the National Association of Home Builders (NAHB) during the International Builders’ Show in Las Vegas say an aging housing stock, record levels of home equity and favorable demographics are creating positive growth prospects …
Read More »New Tariffs on Steel, Aluminum Announced
After multiple tariffs on imports from China, Mexico and Canada were announced then placed on hold in early February, President Donald Trump announced a new round of tariffs on Feb. 10 that would raise steel and aluminum imports to a …
Read More »U.S. Economy Shows Growth in Q3
The U.S. economy grew at 2.8% in Q3 2024, according to the estimate released by the Bureau of Economic Analysis. This growth follows a 3.0% increase in Q2 of 2024. This quarter’s growth matched the National Association of Home Builders …
Read More »5 Must-Have Outdoor Furniture Picks for Every Porch
In 2023, 67.7% of the roughly 950,000 single-family homes built included porches, up 1.3% from 2022, according to data compiled by the National Association of Home Builders’ Survey of Construction report. As more and more customers are building porches in …
Read More »Builder Sentiment Rises as Affordability Challenges Persist
As mortgage rates are on the decline, builder sentiment rose this month even as builders continue to grapple with rising costs, according to the National Association of Home Builders (NAHB). In the newly-built single-family homes category, builder confidence is 41, …
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