NAHB Now
- Fall Recruitment Competition Set to Begin Sept. 1Builder and Associate members will work to recruit as many new members as they can by Nov. 30. Winners can earn prizes including LG laundry products and 2027 International Builders' Show perks.
- 2027 Building Codes Finalized: Big Changes Ahead for Off-Site Construction and Flood ResistanceThe International Code Council recently released the final results of the Public Comment Hearings and Online Governmental Consensus Vote. This marks the final stage of the 2024-2026 code development cycle leading to the 2027 International Building Code (IBC), International Residential Code (IRC) and the other 2027 I-Codes.
- 3 Ways to Maximize Your 2027 IBS RegistrationRegistration for the 2027 International Builders’ Show (IBS), taking place Feb. 2-4 in Las Vegas, opens Sept. 1. Make the most of your IBS experience by adding education courses, special events and more when you register.
- Smaller Builders Report Higher Material CostsBuilding material costs increased by 6.7% over the past 12 months, according to results from the survey for the July 2026 NAHB/Wells Fargo Housing Market Index (HMI).
- NAHB Mourns the Passing of Past President Shirley McVay WisemanShirley McVay Wiseman, 1989 NAHB president, passed away on Sunday, Aug. 23. A pioneer in the home building industry, Wiseman was the first woman elected president of NAHB.
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Eye On Housing
- Small Decline for Single-Family Home SizeNew single-family home size had been falling since 2015 in response to declining affordability conditions. An exception occurred in 2021, when new home size increased as interest rates reached historic lows. However, as mortgage interest rates increased in 2022 and 2023 and affordability worsened, demand shifted back toward smaller homes. This trend appears to be […]
- PCE Inflation Remains StickyThe latest report shows the Federal Reserve’s preferred inflation gauge remains sticky in July, complicating the Fed’s path to its long-term 2% target. Meanwhile, consumer spending remains resilient but is showing signs of slowing, with real consumer spending unchanged in July. Households are pulling back on spending amid persistent inflation. The headline Personal Consumption Expenditure […]
- Multifamily Missing Middle Falls BackMultifamily missing middle construction declined during the second quarter of 2026. The missing middle construction sector includes development of medium-density housing, such as townhouses, duplexes and other small multifamily properties. The multifamily segment of the missing middle (apartments in 2- to 4-unit properties) has generally disappointed since the Great Recession. For the second quarter of 2026, there […]
- Economic Uncertainty, Affordability Challenges Weigh on New Home SalesElevated borrowing costs, rising inflation and broad economic uncertainty continue to curb buyer demand and hold back new home sales. Sales of newly built single-family homes declined 10.5% in July to a seasonally adjusted annual rate of 607,000, following a sharply upwardly revised June estimate, according to newly released data from the U.S. Department of […]
- Second Quarter 2026 Multifamily Construction DataAccording to NAHB analysis of quarterly Census data, the count of multifamily, for-rent housing starts increased year-over-year during the second quarter of 2026. For the quarter, 117,000 multifamily residences started construction. Of this total, 109,000 were built-for-rent. This built-for-rent total was 5% higher than in the second quarter of 2025. Prior NAHB analysis suggests this expansion primarily […]
