Regulations imposed by all levels of government account for $93,870, or 23.8 percent of the current average sales price ($397,300) of a new single-family home.
Housing affordability weakened slightly during the first quarter of 2021 as rising material costs and supply shortages along with expected increases in mortgage rates stemming from a growing economy are likely to exacerbate affordability challenges in the year ahead.
NAHB released the survey results, which highlights how the pandemic affected remodelers' businesses, to kick off National Home Remodeling Month in May.
As sponsors of National Signing Day, The Home Depot and Klein Tools have had the opportunity to forge meaningful relationships with students and schools across the country.
The Institute now has a total of twelve position statements on various topics supporting policy positions along with state, federal, and international programs, rules, and regulations.
Soaring lumber prices that have tripled over the past 12 months have caused the price of an average new single-family home to increase by $35,872, according to new analysis by the National Association of Home Builders.
Mapei Corporation announced the expansion of its existing Wildwood, Florida, facility with the groundbreaking ceremony for the addition of a new 260,000-square-foot powder production and distribution facility.