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Tag Archives: NAHB

Overall Housing Starts Down in May

May housing starts

According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, overall housing starts in May decreased 9.8% to a seasonally adjusted annual rate of 1.26 million units. Single-family starts increased 0.4% to a 924,000 seasonally …

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Labor Shortages Stunt New Housing Production

NAHB study labor shortages

A study released by the Home Builders Institute (HBI) in collaboration with the National Association of Home Builders (NAHB) revealed that the impact of labor shortages on the residential construction industry is significantly responsible for the lost production of many …

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U.S. Economy Adds 139,000 Jobs in May

May job market

Job growth in the U.S. moderated in May despite ongoing economic and policy uncertainty, with the unemployment rate remaining at 4.2%, according to an analysis by the National Association of Home Builder’s (NAHB) Eye on Housing. Over the past 12 …

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New and Existing Home Price Gap Shrinks in Q1 2025

New and existing homes price gap

The gap between new and existing home prices is narrowing, according to the National Association of Home Builders (NAHB). “Homebuilders are committed to ensuring everyone who values homeownership has the opportunity to attain a safe, affordable home,” says NAHB chairman …

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Ways to Maximize National Home Remodeling Month

National Home Remodeling Month

May is National Home Remodeling Month and many local home builder associations are hosting home shows and parades of homes in honor of the month-long celebration. The National Association of Home Builders (NAHB) recommends the following eight ways to connect …

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New Home Prices Drop as Existing Home Prices Rise

Existing-Home Sales

The median price for a new single-family home sold in the first quarter of 2025 was $416,900, $14,600 above the existing home sale price of $402,300, according to U.S. Census Bureau and National Association of Realtors (NAR) data. Traditionally, new …

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Homeownership Rates Down in Q1 2025

Homeownership rates Q1 2025

The homeownership rate saw a recent dip, declining to 65.1% in the first quarter of 2025, the lowest level since the first quarter of 2020, according to an analysis by the National Association of Home Builders. Housing affordability is also …

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Mortgage Rates See Uptick in April

April Mortgage Rates

Mortgage rates increased slightly in April, with the average 30-year fixed-rate mortgage landing at 6.73%, according to Freddie Mac. An analysis from the National Association of Home Builders notes the rising rates followed a sell-off in U.S. Treasury securities, driven …

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