The National Association of Home Builders (NAHB) announced that Chief Economist Dr. David Crowe retires on March 18. NAHB Vice President for Tax and Market Analysis, Dr. Robert D. Dietz, succeeds Crowe. Crowe has been responsible for NAHB’s forecasts of housing and economic trends, survey research and analysis of the home building industry and consumer preferences as well as microeconomic analysis of government policies that affect housing. Serving as NAHB Chief Economist since 2008, Crowe developed and implemented the Leading Market Index, an innovative model which has estimated the net economic impact of new home construction in more than 600 markets.
“Our members have relied on Dr. Crowe for his insightful analysis during a very rocky time in the home building industry,” said NAHB CEO Jerry Howard. “His skill and his clear eye were invaluable as our builders and remodelers did their own strategic planning to make it through the economic downturn. National decision-makers and reporters have always counted on Dr. Crowe to discuss what’s behind the numbers in a way that was both understandable and approachable.”