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NAHB
- National Association of Home Builders.
Example Sentences
The National Association of Home Builders is projecting a roughly 4% increase in single-family starts next year as “mortgage rates settle lower, economic growth slows and inflation moves lower,” according to Robert Dietz, the NAHB’s chief economist.
Most modular construction factories are concentrated in the Mid-Atlantic and Southeast, where modular market share outpaces the national average of 2%, said Devin Perry, executive director of business improvement programs at the NAHB.
“High mortgage rates are clearly taking a toll on builder confidence and consumer demand, as a growing number of buyers are electing to defer a home purchase until long-term rates move lower,” said Robert Dietz, chief economist at the NAHB.
On Monday, the NAHB's house market sentiment index rose in June to its highest in almost a year and far above forecasts.
The National Association of Home Builders on Wednesday said its NAHB/Wells Fargo Housing Market index rose seven points to 42 this month, notching the largest monthly gain in nearly a decade outside of the rebound from the spring 2020 COVID-19 lockdowns.
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