Prices for residential building materials increased in July, reaching the largest year-over-year growth in over two years, according to an analysis from the National Association of Home Builders Eye on Housing report. Construction machinery and metal molding/trim prices rose significantly, …
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The American housing market is facing a persistent shortage with home prices reaching record highs as affordability has decreased, according to an analysis by the National Association of Home Builders’ (NAHB) Eye on Housing. New home construction has not kept …
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Affordability challenges and economic uncertainty continue to influence the housing industry as many homebuyers held off on purchasing new homes in June, according to the National Association of Home Builders. Newly built single-family home sales rose slightly by 0.6% in …
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In June, nationwide total nonfarm payroll employment increased by 147,000, up from 144,000 jobs added in May, according to the Bureau of Labor Statistics. The construction sector saw a 15,000-job increase in June compared to May. 21 states added construction …
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In July, builder confidence in the market for newly built single-family homes was 33, up one point from June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Builder confidence for future sales expectations increased …
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The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter of 2025. The index reported a reading of 59, down four points from the previous quarter. While Q2’s reading of 59 …
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Consumer confidence in June continued to trend downward as consumers remain concerned about the economy and labor market amid ongoing uncertainty, specifically around tariffs, according to an analysis from the National Association of Home Builder’s (NAHB) Eye on Housing. The …
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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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