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NAHB Report: Housing Starts End 2020 Strong; Risks Ahead

While housing starts ended the year on a strong note, rising lumber prices and increasing regulatory cost concerns could affect future production. Led by a solid, double-digit gain in single-family starts, overall housing starts increased 5.8 percent to a seasonally adjusted annual rate of 1.67 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The December reading of 1.67 million starts is the number… Read More

Advanced LG Air Conditioning Technologies Provide Super-EFfficient Indoor Comfort for NAHB Net Zero Home

Super-efficientair conditioning, air handling and control systems from LG Electronics are at the heart of The New American Remodel® (TNAR), official show home of the 2020 International Builders’ Show® this week. The National Association of Home Builders (NAHB) chose LG Electronics USA as Platinum Partner for this “Net Zero” home, which illustrates how any home can be transformed into a high-performance, high-tech space when integrating innovations to reduce energy consumption, increase efficiency and enhance daily life. … Read More

New Home Sales Rebound in June but Affordability Concerns Persist

Sales of newly built, single-family homes increased 7 percent to a seasonally adjusted annual rate of 646,000 units in June from a downwardly revised reading in May, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. On a year-to-date basis, new home sales for 2019 are 2.2 percent higher than the same period in 2018. “Though there is a clear demand for new homes, builders… Read More
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