Single-family construction remained soft across most geographic areas in the second quarter of 2026, as rising building material costs, elevated interest rates and economic uncertainty continued to weigh on the industry. By contrast, multifamily construction strengthened in most regions, supported …
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Single-Family Construction Declines Nationwide in Q1 2026, Multifamily Remains Resilient
Single-family home construction declined across all geographic regions in the first quarter of 2026 while multifamily construction grew in most areas, according to the NAHB’s Home Building Geography Index (HBGI), as economic uncertainty, high material costs and elevated interest rates …
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