According to estimates from the National Association of Home Builders (NAHB), the U.S. has a structural housing deficit of 1.2 million units. Among the various challenges facing builders, the industry is also facing a shortage of workers in construction trades, …
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Energy input prices increased in March at their fastest pace since June of 2020 as the conflict in Iran impacted critical global supply chains, according to an analysis from the National Association of Home Builders (NAHB). Building material prices, excluding …
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The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the first quarter, posting a reading of 62. The NAHB/Westlake Royal RMI survey asks remodelers to rate five components of the remodeling market as …
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The U.S. labor market saw modest growth in March following a weak February, with a slight increase in payroll employment and a decrease in the unemployment rate to 4.3%, according to the National Association of Homebuilders. Construction employment led job …
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The median age of owner-occupied homes has reached 42 years old, according to the latest data from the 2024 American Community Survey (ACS) and an analysis from NAHB’s Eye on Housing. The median age varies significantly by state, with New …
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The Federal Reserve continued its pause on rate reductions, holding the short-term federal funds rate from 3.5% to 3.75%, the level set in December 2025. The Fed stated “uncertainty about the economic outlook remains elevated” and “the implications of developments …
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Sales of newly built single-family homes fell 17.6% in January, to a seasonally adjusted annual rate of 587,000 from a downwardly revised December reading, according to new data from the U.S. Department of Housing and Urban Development and the U.S. …
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Builder sentiment increased slightly in March, despite the continued affordability concerns expressed by many builders, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Builder confidence in the market for newly built single-family homes rose …
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