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Tag Archives: NAHB

Mortgage Application Activity Declines in May Amid Rising Rates

Mortgage application activity declined in May as higher mortgage rate continued to impact the market, according to the National Association of Home Builders (NAHB). At the same time, adjustable-rate mortgages (ARM) gained traction.  The Mortgage Bankers Association’s (MBA) Market Composite …

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U.S. Economy Adds 172,000 Jobs in May

may jobs

The U.S. economy added 172,000 jobs in May, marking the third straight month of job gains despite rising inflation and continued economic uncertainty, according to the U.S. Bureau of Labor Statistics. The unemployment rate in the month remained unchanged at …

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OSHA Announces Top Violations, No Citation Increase

OSHA

Improper fall protection was the most-cited OSHA violation in 2025. OSHA violations carry a financial penalty that the assessed company must pay. Last year, those penalties were $16,550 for each violation, as well as each day an employer fails to …

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Construction Job Openings Up Slightly in April

construction jobs april

The number of open positions in the construction sector increased in April according to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down significantly from three years ago due …

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The Demographics Driving Today’s Renovation Market

remodeling age groups

More homeowners are choosing to remodel their homes instead of purchasing new ones as elevated mortgage rates and limited housing inventory continue to impact the U.S. housing market. According to the National Association of Home Builders (NAHB), in 2024, an …

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Single-Family Housing Starts Down in April

single-family housing starts april

Single-family housing starts declined in April as builders faced continued economic uncertainty and affordability challenges, including higher construction costs, ongoing labor shortages and elevated financing expenses, according to the National Association of Home Builders (NAHB). Overall housing starts decreased 2.8% …

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