The National Association of Home Builders officially opened online registration today for the 2022 NAHB International Builders' Show, the largest annual light construction trade show in the world.

Sales of newly built, single-family homes rose 1% in July to a 708,000 seasonally adjusted annual rate.

Confidence in the market for new multifamily housing decreased in the second quarter, according to results from the Multifamily Market Survey.

Supply chain and labor challenges helped to push overall housing starts down 7.0 percent to a seasonally adjusted annual rate of 1.53 million units.

Soaring building material costs, high demand and low inventory have added tens of thousands of dollars to the price of a new home and caused housing affordability to fall to its lowest level in nearly a decade during the second quarter of 2021.

Sales of newly built, single-family homes fell 6.6 percent in June to a 676,000 seasonally adjusted annual rate.

Overall housing starts increased 6.3 percent in June to a seasonally adjusted annual rate of 1.64 million units.

Strong buyer demand helped to offset supply-side challenges relating to building materials, regulation and labor as builder confidence in the market for newly built single-family homes inched down one point to 80 in July.

Chuck Fowke, chairman of the National Association of Home Builders issued a statement after the White House meeting to discuss home building material supply chain issues.

The National Association of Home Builders (NAHB) released its Remodeling Market Index (RMI) for the second quarter.