NAHB Now
- Beneficial Ownership Reporting Requirements Delayed for Some EntitiesThe Jan. 1, 2025, reporting deadline for certain corporations, limited liability companies and similar entities to file beneficial ownership information under the Corporate Transparency Act (CTA) has been delayed.
- NAHB, Other Groups File Suit Against Southern California Gas BansNAHB and nine other business and housing groups seeking to overturn a regulation that would ban gas appliances have filed a lawsuit against Southern California air regulators.
- House Passes NAHB-Supported Regulatory Reform BillOn a bipartisan vote of 208-196, the House has passed NAHB-supported legislation that would increase small business input in the regulatory process and ensure agencies are fully accounting for the impact of regulations on small businesses.
- Watch Livestream of 2024 Winter Board MeetingNAHB’s Board of Directors will convene virtually for its Winter Board Meeting on Tuesday, Dec. 10, from 10 a.m.-2 p.m. ET. Members and executive officers can view a livestream of the meeting on nahb.org.
- 3 Trends Shaping the Future of Doorglass DesignWith home design constantly evolving, several key trends are influencing both new builds and renovations. As one of the industry’s leading manufacturers of doors, doorglass and patio doors, Novatech is stepping into 2025 with innovative, cutting-edge designs that respond to these latest trends in home architecture.
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- Employment Growth Rebounds in NovemberEmployment rebounded sharply in November after strike- and hurricane-related disruptions in October. The unemployment rate rose one percentage point to 4.2% after holding at 4.1% for two months in a row. In November, wage growth remained unchanged from the previous month. Wages grew at a 4.0% year-over-year (YOY) growth rate, down 0.2 percentage points from...
- House Price Appreciation by State and Metro Area: Third Quarter 2024House prices posted modest annual growth for the third quarter of 2024, as elevated mortgage rates kept many potential home buyers away from the housing market. Nonetheless, housing inventory has improved in recent months. Nationally, house price appreciation has decelerated for two straight quarters. According to the quarterly all-transactions House Price Index (HPI) released by...
- Where Residential Construction Thrives: Metro Area Hotspots for Jobs and BusinessesThe residential construction industry plays a crucial role in driving economic growth and local community development. It has a lasting impact on local communities by creating jobs, improving infrastructure, boosting local businesses, and enhancing property values. The residential construction industry is more reliant on labor than capital in the United States. As of October 2024,...
- Construction Labor Market Continues to EaseAfter a period of slowing associated with declines for some elements of the residential construction industry, the count of open construction sector jobs trended lower in the October data, per the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS). The data indicates the demand for construction labor market remains weaker than a year...
- HBGI Q3 2024: A New Status Quo for the Geography of Residential Construction?Residential construction has remained in low density suburbs and outlying areas, according to the National Association of Home Builders’ latest release of the Home Building Geography Index (HBGI). This trend is driven by persistent factors that continue to affect housing affordability including a limited supply of buildable lots, rising construction costs, and a shortage of...
