Tag Archives: NAHB

Overall housing starts rose in June driven by strong multifamily growth, while single-family production remained slow as elevated mortgage rates, rising construction costs and persistent labor shortages continued to weigh on the market, according to the NAHB. Overall housing starts …

Economic uncertainty and persistent affordability challenges driven by rising material prices, high land costs and elevated mortgage rates forced builder sentiment downward in July. Builder confidence in the market for newly built single-family homes fell two points to 34 in …

Inflation slowed to 3.5% in June, down from a three-year high in May, largely driven by a ceasefire agreement in mid-June that stabilized oil markets and lowered energy prices. The decline in energy prices offset increases in shelter and food, …

Existing home sales dropped in June as record-high home prices and elevated mortgage rates impacted buyers, according to an analysis from NAHB’s Eye on Housing. Total existing home sales, including single-family homes, townhomes, condominiums, and co-ops, fell 2.4% to a …

Mortgage rates continued to increase in June due to high inflation and a stronger-than-expected labor market, according to the NAHB’s Eye on Housing. The 30-year fixed-rate mortgage averaged 6.49% in June, up 8 basis points (bps) over May. Since the …

The National Association of Home Builders (NAHB) recently released a new guide on financing missing middle housing, designed to help builders, developers and lenders better understand why these products often struggle to secure financing and what can be done to …

Strong labor market growth continued to put pressure on the nation’s housing supply in 2024, as homebuilding activity did not fully keep pace with demand driven by job gains. Comparing net new jobs with prior-year permitting activity displays whether the …

With a new Fed Chair and plans for evolving operating strategies, the Federal Reserve maintained its target policy rate at the conclusion of the June Federal Open Market Committee (FOMC) meeting. The FOMC maintained the short-term federal funds rate at …