The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the third quarter of 2025, posting a reading of 60, a one point increase over Q2. “Overall, remodelers remain optimistic about the market, although …
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U.S. Government Shutdown Impacts Housing and Homebuilders
The U.S. government implemented a shutdown at 12:01 a.m. on Oct. 1, 2025, after failed attempts to reach an agreement to extend government funding. Here’s how the shutdown will affect housing and homebuilders, according to the National Association of Home …
Read More »New Lumber Tariffs to Take Effect in October
New tariffs on lumber and timber have been announced in a recent proclamation from President Donald Trump. A 10% tariff on foreign softwood lumber and timber and a 25% tariff on kitchen cabinets, vanities and upholstered wooden furniture will be …
Read More »New Home Sales Up, Existing Home Sales Down in August
A slight drop in mortgage rates led to a large jump in new home sales in August, but a decrease in existing home sales, according to an analysis from the National Association of Home Builders (NAHB). Sales of newly built single-family …
Read More »Women Make Strides in Construction Workforce
The number of women working in the construction industry rose to around 1.34 million in 2024, with women representing 11.2% of the construction workforce, according to data released in an Eye on Housing report from the National Association of Home …
Read More »Housing Starts Decline in August Amid Affordability Challenges
Overall housing starts decreased 8.5% in August to a seasonally adjusted annual rate of 1.31 million units as affordability challenges continue, according to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The August reading of …
Read More »Builder Sentiment Remains Steady in September
Builder sentiment levels in September remained unchanged but lower mortgage rates and expectations that the Federal Reserve will cut the federal funds rate led to higher future expectations in the coming months, according to an analysis by the National Association …
Read More »Industry to Celebrate Professional Women in Building Week
The National Association of Home Builders (NAHB) Professional Women in Building (PWB) week will take place from September 15-19, 2025, highlighting the roles women play in the residential construction industry. According to the Bureau of Labor Statistics, the number of …
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