Overall housing starts were flat in March at an annual rate of 1.793 million, 3.9% higher than a year ago. Single-family home starts slipped 1.7% last month to an annual rate of 1.2 million. Single-family permits fell 4.8% last month. #realestate#economy
Best in MS awards banquet is March 23rd, get your tickets now if you haven’t already!! Come out and enjoy a great meal and support our 2021 Best in MS recipients. https://t.co/ffs6SkvdZ5
Get your State Convention early bird pricing until March 15th!! 🎉Don’t wait to register! We look forward to seeing all of you soon! https://t.co/SJJQ5B9CMv
Congratulations to Kenneth Estes on being the first person from Mississippi to ever serve as: “National Membership Chair for the year 2022” … https://t.co/1xD9tgGn1U
NEW HOME SALES: Sales of newly built single-family homes slid 4.5% in January to an annual rate of 801,000. The median sales price of new houses sold in January 2022 was $423,300. The average sales price was $496,900. | #realestate#homesales#homeprices#economy
The price of softwood #lumber has increased nearly 45% since September. Rising prices are one problem, but volatility is another. Between 1947 and 2019, the monthly change in the price of lumber averaged 0.3%. Since January 2020, it has averaged 12%. https://t.co/DKHuJ4YYT4
The consumer price index, an #inflation measure, rose 7% in December from a year ago, the fastest pace since June 1982, in line with economist estimates. Core CPI was up 5.5% on the year, the biggest growth since February 1991. https://t.co/4xBFiG67ID
NAHB CEO Jerry Howard is appearing on @FoxBusiness with @TeamCavuto at 1 p.m. today to discuss the #supplychain issues crippling the construction industry and where he thinks #mortgage rates are heading this year. Tune in or watch live at https://t.co/LzFyivasdz | #economy
The rising cost of building materials was one of the primary focus areas for NAHB in 2021 as the home-building industry struggled with the far-reaching impacts of skyrocketing prices. https://t.co/XbvsyG7juP | #supplychain#inflation
Entry date has been extended to November 14th, make sure you get your entries submitted by then! Also we’ve set a date for Best in Mississippi for March 23, 2022!!
https://t.co/36CbtQlwS4
At the NAHB Fall Leadership Meetings in Houston, the NAHB State and Local Government Affairs Committee approved $83,000 in grants for five HBAs through the State and Local Issues Fund to advance advocacy efforts on issues affecting #housingaffordability. https://t.co/8GYQxpwpkP
Sales of new single‐family homes increased 14% in September to an annual rate of 800,000. That pace is 17.6% lower than the pace in September 2020. The median sales price of new houses sold in September 2021 was $408,800, up from $401,500 in August. | #realestate#homesales
In September, there were 191,000 more construction sector jobs in the U.S. than in Sept. 2020, a 2.6% year-over-year increase. California added 35,600 jobs over the year, the largest gain of any state, while New York lost 11,700 jobs, the largest decline. https://t.co/ohGaGMDW0k