RICHMOND, VA — The Home Builders Association of Virginia (HBAV) has released its inaugural Virginia Housing Trends Brief offering a look at home building activity, pricing, and builder sentiment across the Commonwealth. With builder confidence declining, mortgage rates remaining elevated, and consumer sentiment retreating in June, the report draws from national, regional, and state-level data…
At a July 8 event at 84 Lumber in North Chesterfield, Virginia Gov. Glenn Youngkin highlighted the partnership with HBAV and the administration to eliminate regulatory burdens, reduce development costs, and improve housing access in Virginia.
At the HBAV Annual Conference, expert panelists discussed “The Real State of Housing,” offering candid insights into the economic pressures and opportunities shaping Virginia’s residential construction industry, from supply chain volatility and land use challenges to affordability and the importance of strong partnerships.
The Home Builders Association of Virginia (HBAV) recently raised $45,350 for its Education Foundation, with funds directly supporting scholarships and programs to cultivate the next generation of skilled construction professionals. A bidding frenzy over limited-edition hats alone contributed $11,200 towards statewide workforce development initiatives.
A condominium community in Midlothian, a Richmond-area builder, a well-regarded Northern Virginia mortgage professional, and a steadfast home building partner in Hanover County are among the many honorees named by the Home Builders Association of Virginia’s 2025 Housing Excellence Awards.
This spring, HBAV’s Education Foundation awarded $41,000 to local home building Associations and industry organizations that partner with builders across the Commonwealth. See how these groups will use funds to support the Foundation’s mission of exposing youth to the industry and career paths in home building.
With home prices and rents near record highs and supply at historic lows, every region of the Commonwealth is facing a dire housing crisis. The solution is clear: Virginia needs more housing. During the 2025 Session, the Home Builders Association of Virginia advanced legislation to do just that.
HBAV President Hans Klinger discusses the multifaceted challenges facing the Virginia home building industry, including housing demand, supply chain issues, labor shortages, and regulatory hurdles. He emphasizes the need to build more homes to address the housing crisis and support economic development in the state.
