NAHB

While the House disaster relief bill would provide $16 billion in debt relief for the National Flood Insurance Program, it does not include a Trump administration proposal to ban new construction in flood-prone areas.

The National Association of Home Builders is backing off long-held support for the mortgage interest deduction in hopes that the Trump administration can deliver on its promise of lower taxes.

Builder D.R. Horton is revising estimates for cash-flow from operations, certain expenses as a percentage of revenue and its backlog conversion rate in response to recent hurricanes.

Sentiment among America’s homebuilders fell more than forecast in September as companies grew concerned about the cost of construction materials and labor shortages in the wake of Hurricanes Harvey and Irma.

The number of permits filed for single-family homes in Indiana increased 10% in July compared to the same time last year.

Contributing to the high losses is the fact that Texas, despite being one of the states most vulnerable to storms, has one of the most relaxed approaches to building codes, inspections and other protections.

Sentiment among American homebuilders unexpectedly increased to a three-month high as builders saw greater prospects for industry demand despite elevated material costs and shortages of labor and lots.

Housing affordability dipped as rising home prices offset a quarter-point drop in mortgage interest rates.

Resolute Forest Products is confident that U.S. import duties on softwood lumber won’t impact its future earnings because the Canadian company expects to be reimbursed for the levies paid.

House Financial Services Committee leaders and two top real estate trade groups have cut a deal on a bill to reform the National Flood Insurance Program.