NAHB Now
- How Builders Can Close the ‘Expectation Gap’ to Boost Referrals and Increase SalesAcross the home building and remodeling industry, a significant portion of referral business is lost — not because of poor construction quality, but because client expectations are not clearly established.
- Economic Uncertainty Slows Single-Family Construction Across All GeographiesSingle-family home construction declined across all geographic regions in the first quarter of 2026 due to economic uncertainty, high material costs and elevated interest rates, while multifamily construction showed growth in most areas, according to the latest findings from the NAHB Home Building Geography Index (HBGI).
- Focus on Jobsite Plans During National Safety MonthJoin NAHB and its official safety sponsor, Builders Mutual, in recognizing June as National Safety Month, an annual observance to promote hazard awareness in residential construction and to help keep workers safe.
- Builders Call Attention to ‘Silver Tsunami’ Supply Constraints During Homeownership MonthAs the residential construction industry celebrates National Homeownership Month in June, a recent NAHB analysis found that fewer older home owners are choosing to transition out of their homes or downsize, a trend known as the “silver tsunami.” This shift is limiting the expected wave of housing stock released, affecting the availability of homes for […]
- NAHB’s Monthly Update Includes a Key Advocacy VictoryThe talking points this month feature NAHB’s recent legislative win.
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Eye On Housing
- Slight Increase for Construction Job OpeningsThe number of open positions in the construction sector edged higher in April, per the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down measurably from three years ago due to declines in construction activity, particularly in housing. Recent gains for nonresidential construction have not fully […]
- HBGI Q1 2026: Single-Family Construction Slips Across All GeographiesSingle-family construction declined across all geographies in the first quarter of 2026, according to the latest Home Building Geography Index (HBGI), as elevated interest rates, rising material costs, and labor shortages slowed home building activities at the start of the year. Meanwhile, multifamily construction remained broadly resilient, posting growth in most markets. Single-Family The pullback […]
- Private Residential Construction Spending Increases in AprilPrivate residential construction spending was up 0.8% in April 2026, following the monthly gain of 0.6% in March. This increase was largely driven by gains in single-family, and home improvement spending. Moreover, total private residential construction spending was 1.7% higher than a year ago. According to the latest construction spending data from the U.S. Census, single-family construction spending increased 1.4% in April, consistent with the steady builder confidence reflected in the NAHB/Wells Fargo Housing Market Index (HMI). Despite the monthly gain, single-family construction spending was down 2.9% over a year ago. Improvement spending (remodeling) also increased in April, rising 0.4% for the month. Remodeling remained a bright […]
- Single-Family AD&C Lending Edges Higher in Q1Single-family construction lending rose marginally in the first quarter, according to data released by the Federal Deposit Insurance Corporation. The volume of loans outstanding was up 0.8% from the fourth quarter. This increase comes at a time when NAHB’s AD&C Financing Survey indicates a slight tightening in credit conditions in the first quarter. The total […]
- Rent Prices Continue to Rise, While Absorption Remains LowThe percentage of new apartment units that were absorbed within three months after completion was up one percentage point in the fourth quarter, according to the Census Bureau’s latest release of the Survey of Market Absorption of New Multifamily Units (SOMA). The survey covers new units in multifamily residential buildings with five or more units. […]
