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Tag Archives: NAHB

Building Material Prices Rise in August

building material prices

Residential building materials prices rose in August for the fourth consecutive month, reaching the highest level since January 2023, according to the National Association of Home Builders‘ Eye on Housing report. Service prices decreased in August while goods prices slightly …

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Job Growth Slows in August

state-by-state employment Dec. 2025

Job growth in August slowed as the unemployment rate rose to the highest level in four years, signaling a continued cooling in the U.S. labor market, according to the National Association of Home Builders’ (NAHB) Eye on Housing report. The …

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Mortgage Rates Decline in August

mortgage rate decline

Mortgage rates continued to decline in August and are now reporting at the lowest rate since November 2024, according to Freddie Mac.  The 30-year fixed-rate mortgage averaged 6.59%, 13 basis points (bps) lower than July, while the 15-year rate declined …

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July Sees Decline in New Home Sales

mortgage rate drop

Potential homebuyers continue to be deterred by high mortgage rates, rising construction costs and economic uncertainty, according to an analysis by the National Association of Home Builders (NAHB). Newly built single-family home sales dropped 0.6% in July, falling to 652,000 annually, …

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Single-Family Housing Starts Rise Among Challenges

Single-Family Housing Starts

Single-family housing starts grew slightly in July as builders contine to deal with challenges with housing affordability, labor shortages and elevated construction costs. Led by multifamily construction, overall housing starts increased 5.2% in July to 1.43 million units, according to …

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Building Material Prices Continue to Climb in July

residential construction prices

Prices for residential building materials increased in July, reaching the largest year-over-year growth in over two years, according to an analysis from the National Association of Home Builders Eye on Housing report. Construction machinery and metal molding/trim prices rose significantly, …

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