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Tag Archives: NAHB

Residential Construction Spending Edges Up in December 2025

residential construction spending

Private residential construction spending was up 1.5% in December 2025, driven primarily by increased spending on home improvement and single-family construction, according to the National Association of Home Builders. Total spending still remained 1.3% lower than a year ago, reflecting …

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Mortgage Rate Drop Increases Homeownership Eligibility

new home sales September

The average interest rate on a 30-year fixed-rate mortgage recently fell to around 6%, the lowest rate in close to three years, making homeownership possible for more people, according to the National Association of Home Builders (NAHB). NAHB Priced-Out Estimates …

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GDP Sees Slow Growth in Q4 2025

July inflation

Real GDP growth slowed in Q4 of 2025 in the wake of the historic government shutdown’s impact on the economy. While consumer spending continued to drive growth, federal government spending brought overall growth down over a full percentage point, according …

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Overall Housing Starts Drop in 2025

Total housing starts for 2025 were down 0.6% from 2024, totaling 1.36 million, according to the recently released data from the U.S. Census Bureau and an analysis from the National Association of Home Builders. Single-family starts in 2025 were reported …

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Inflation Eases in January

July inflation

Inflation dropped in January to the lowest level in eight months, according to an analysis from the National Association of Home Builders’ Eye on Housing. The Consumer Price Index (CPI) components have resolved distortions from the government shutdown last October, …

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Multifamily Housing Confidence Dips in Q4 2025

multifamily housing

Confidence in the market for new multifamily housing decreased year over year in Q4 2025, according to the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB).  The Multifamily Production Index (MPI), one of the two …

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Mortgage Activity Up in January as Rates Hit New Low

June mortgage rates

Mortgage application activity rose significantly in January, primarily due to increased refinancing activity as mortgage rates dropped to a new low, according to an analysis from NAHB’s Eye on Housing. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure …

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