Private Residential Spending Rises Modestly in April

NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 1.0% in April to a seasonally adjusted annual rate of $729.2 billion. Total private residential construction spending...

The Aging Housing Stock

The median age of owner-occupied homes is 39 years, according to the latest data from the 2019 American Community Survey. Compared to a median age of 31 years in 2005, the U.S....

Builders Report 26 Percent Increase in Material Prices

A post published last week discussed how record numbers of builders were reporting on broad-based shortages of building materials and products.  The source of the information was the May survey for the NAHB/Wells Fargo Housing...

AIA Launches Seventh Annual Film Challenge

The American Institute of Architects (AIA) is launching its seventh annual AIA Film Challenge. The AIA Film Challenge 2021 invites architects, filmmakers, and storytellers to produce a short documentary film between one...