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
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 …
Read More »Mortgage Rates Decline in August
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 …
Read More »NAHB Opens Registration for 2026 International Builders’ Show
The National Association of Home Builders (NAHB) recently opened online registration and housing for the 2026 NAHB International Builders’ Show (IBS). The largest annual light construction trade show will take place in Orlando, Florida, from February 17-19, 2026. This will …
Read More »Single-Family Housing Construction Down, Multifamily Up in Q2 2025
Single-family construction saw a decline across the U.S. in the second quarter of 2025, according to an analysis by the National Association of Home Builders (NAHB). A 3.8% drop was reported in large metro, suburban counties, the largest decrease of …
Read More »July Sees Decline in New Home Sales
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, …
Read More »Single-Family Housing Starts Rise Among Challenges
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 …
Read More »Building Material Prices Continue to Climb in July
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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