Most remodelers continue to express positive sentiment, but some report slowing activity, the NAHB/Westlake Royal Remodeling Market Index found.
Tag: NAHB
Remodeling Market Poised for Growth, NAHB Finds
Aging housing stock and insufficient new home inventory mean the remodeling market is poised for future growth, the National Association of Home Builders reported.
Buyers Willing to Give Up Land in Exchange for Homeownership
High mortgage rates and double-digit growth in home prices since COVID-19 are forcing home buyers to compromise on lot size and square footage to afford a house, the National Association of Home Builders reported.
MBA, Housing Trades Call on Fed to End Rate Hikes, Pledge Not to Sell MBS Book
Yesterday, the Mortgage Bankers Association led a coalition letter sent to the Board of Governors of the Federal Reserve that conveyed the housing industry’s serious concerns about the negative market impacts the Fed’s monetary policy actions (e.g., rate hikes and quantitative tightening) are having on the market.