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
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 …
Read More »Housing Prices Outpace Household Income, Delaying First-Time Buyers
Housing affordability has declined at a significant rate in recent years, primarily driven by a decrease in price-to-income ratio, according to an analysis from the National Association of Home Builders (NAHB). Home prices have risen 53% since 2019, while median …
Read More »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 …
Read More »Inflation Eases in January
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, …
Read More »Multifamily Housing Confidence Dips in Q4 2025
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 …
Read More »Mortgage Activity Up in January as Rates Hit New Low
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 …
Read More »Job Openings Fall Amid Labor Market Stress
The current level of open jobs is down measurably from two years ago, due to declines in housing construction activity, according to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The number of open jobs for the …
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