Single-family construction remained soft across most geographic areas in the second quarter of 2026, as rising building material costs, elevated interest rates and economic uncertainty continued to weigh on the industry. By contrast, multifamily construction strengthened in most regions, supported …
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Single-Family Home Size Drops Slightly in Q2 2026
New single-family home size had been falling since 2015 in response to declining affordability conditions. While an exception occurred in 2021 when new home size increased as interest rates reached historic lows, as mortgage interest rates increased in 2022 and …
Read More »Economic Challenges Impact July New Home Sales
Elevated borrowing costs, rising inflation and broad economic uncertainty continue to curb buyer demand and hold back new home sales, according to a recent analysis from the National Association of Home Builders (NAHB). Sales of newly built single-family homes declined …
Read More »Building Material Prices Up 5% in July
Residential building material prices, excluding energy, rose 0.4% in July and were up 5% from a year ago. The year-over-year percentage increase in building materials was the highest since December 2022, according to an analysis from the NAHB. Energy prices …
Read More »Housing Starts Drop in July Amid Economic Challenges for Builders
Housing starts fell in July as economic uncertainty, rising construction costs, labor shortages and elevated financing expenses continued to challenge builders, according to an analysis from the National Association of Home Builders (NAHB). Overall housing starts decreased 12.4% in July …
Read More »Builder Confidence Remains Low Amid Affordability Challenges
Builder sentiment remains low amid economic and geopolitical uncertainty, elevated mortgage rates and rising construction costs. Confidence in the market for newly built single-family homes inched up one point to 35 in August, according to the National Association of Home …
Read More »Inflation Eases for Second Consecutive Month in July
Inflation eased for the second consecutive month after reaching a three-year high in May, according to an analysis from the National Association of Home Builders. As energy prices leveled, shelter remained the largest factor driving inflation, accounting for one-third of …
Read More »NAHB Ranks Top States for Remodeling Activity in Q1 2026
California, Texas and Florida continue to account for the largest shares of remodeling activity nationwide, according to first quarter results from the National Association of Home Builders (NAHB) State Projections of Remodeling (SPR). The SPR offers a quarterly state-by-state analysis …
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