Constrained supply of existing homes and modest improvement in mortgage rates pushed new home sales higher in March, according to the National Association of Home Builders. The U.S. Department of Housing and Urban Development and the U.S. Census Bureau reported …
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Real GDP Growth Rebounds to 2% in Q1 2026
Real GDP growth accelerated in the first quarter of 2026, rebounding from a weak end of 2025, as government spending recovered following a disruptive shutdown, according to the National Association of Home Builders (NAHB). First-quarter growth was also supported by …
Read More »Housing Starts Post Solid Rebound in March as Builders Increase Production
Housing production rebounded in March as builders increased production despite ongoing economic challenges, according to the National Association of Home Builders (NAHB). Overall housing starts increased 10.8% in March to a seasonally adjusted annual rate of 1.5 million units, according …
Read More »February Labor Market Sees Pullback With Widespread Job Declines
February’s labor market data point to a significant pullback in employment, with job losses concentrated across a majority of states and smaller gains elsewhere, according to the National Association of Home Builders (NAHB). In February, nonfarm payroll employment increased in …
Read More »Construction Trades Decline as White-Collar Roles Surge
The number of workers in the construction labor force moving toward management, business and technical roles is gaining momentum, according to the NAHB’s analysis of the latest 2024 American Community Survey (ACS). The share of construction trades workers has declined …
Read More »Trade Careers Gain Ground Among Young Adults
According to estimates from the National Association of Home Builders (NAHB), the U.S. has a structural housing deficit of 1.2 million units. Among the various challenges facing builders, the industry is also facing a shortage of workers in construction trades, …
Read More »Residential Construction Input Prices Surge in March Due to Energy Cost Spike
Energy input prices increased in March at their fastest pace since June of 2020 as the conflict in Iran impacted critical global supply chains, according to an analysis from the National Association of Home Builders (NAHB). Building material prices, excluding …
Read More »Remodeling Sentiment Remains Positive in First Quarter of 2026
The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the first quarter, posting a reading of 62. The NAHB/Westlake Royal RMI survey asks remodelers to rate five components of the remodeling market as …
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