The price of goods used in new residential construction (including energy) was up 1.8% in September and up 9.7% from last year, while the price of services was up 2.2% over the month and up 11.3% from last year, according …
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Homebuilding Labor Shortages and Costs Continue to Rise
Labor shortages in the homebuilding industry are becoming more widespread, according to recent results from the September 2026 NAHB/Wells Fargo Housing Market Index (HMI) survey. The survey asked builders about shortages in 16 specific trades. The percentage of builders reporting …
Read More »Existing Home Sales Up in September
Existing home sales rose after three months of declines as improved inventory gave buyers more negotiating power, according to an analysis from the National Association of Home Builders (NAHB). As buyers wait for rate relief, homes are sitting on the …
Read More »Remodeling Sentiment Shows Stability and Modest Growth in Q3 2026
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 …
Read More »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 …
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