The National Association of Home Builders (NAHB) released the NAHB Remodeling Market Index (RMI) for the third quarter, posting a reading of 62—up one point compared to the previous quarter. The RMI survey asks remodelers to rate five components of …
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Private Residential Construction Spending Up in August
Private residential construction spending rose in August 2026 following months of decline during the second quarter of the year, according to an analysis from the National Association of Home Builders. Private residential construction spending was reported at a seasonally adjusted …
Read More »New Home, New Purchases: How Homeowners Invest Their Money When Moving
Buying a new home requires purchasing various items to outfit the new space, including appliances, furniture, decor items, renovation tools and other home accessories. According to recent data from the National Association of Home Builders’ Consumer Expenditure Survey, buyers of …
Read More »Construction Job Openings Drop in August
The number of open positions in the construction sector dropped in August, according the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down from three years ago due to declines in …
Read More »New Home Sales Surge 6.4% in August Despite Persistent Affordability Challenges
New home sales improved in August, but the broader new-home market is still experiencing weakness, according to the National Association of Home Builders. Elevated mortgage rates and ongoing affordability challenges continue to constrain demand, with new home sales remaining below …
Read More »State Labor Markets Show Mixed August Results Amid Widespread Employment Gains
State labor markets showed mixed results in August, with nonfarm payroll employment increasing in a majority of states. Construction employment also posted a net gain nationally, although employment trends varied across states. The unemployment rate also remained relatively low in …
Read More »Wood Framing Accounts for 94% of Single-Family Home Construction
Wood framing continues to dominate the U.S. single-family home construction market, according to an NAHB analysis of 2025 Census Bureau data. In 2025, wood framing accounted for 94% of all completed single-family homes, maintaining its position as the leading construction …
Read More »NAHB Backs Housing Tariff Exclusion Act to Lower Construction Costs
The National Association of Home Builders (NAHB) announced it is working with Rep. Nanette Barragán (D-Calif.) on legislation aimed at lowering housing costs by establishing a tariff exemption process for building materials. The Housing Tariff Exclusion Act (H.R. 10416) would …
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