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- New York Builders Win Legal Challenge on Onerous Wetlands RuleIn an important win for New York home builders and housing affordability, the New York State Supreme Court has issued a decision annulling the state’s new definition of what a “freshwater wetland” is based on violations of the State Environmental Quality Review Act (SEQRA).
- Podcast: Housing Market Braces for Tense Spring Home Buying SeasonIn the latest episode of NAHB’s podcast, Housing Developments, CEO Jim Tobin and COO Paul Lopez delve into market uncertainties ahead of the spring home buying season, efforts to bolster housing supply, what the 2027 budget cuts could mean for housing and how members can engage in the codes process.
- Home Remodeling Profit Margin Jumps on Demand and Business PracticesProfitability for residential remodelers reached its highest level in nearly 30 years in 2024, according to NAHB’s most recent Remodelers’ Cost of Doing Business Study.
- The States and Construction Trades Most Reliant on Immigrant WorkersImmigrant work totaled 26.3% of the entire construction workforce in 2024, a record high. The number is even higher among construction trades.
- 5 Signals Many Home Builders Are Misreading Right NowPrice cuts. Slower sales. Rising inventory. Elevated rates. Each of them is real. Each can be measured, but each can be easily misunderstood. For builders, it's critical how they interpret what’s happening and how they respond.
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Eye On Housing
- Existing Home Sales Fell in MarchExisting home sales fell to a nine-month low in March as tight inventory, rising mortgage rates and growing concerns about the job market constrained sales activity. While inventory has improved in recent months, it remains below historical norms, continuing to push home prices higher as demand outpaces supply. Meanwhile, the Iran war has reversed the […]
- 2025 Regional and State-Level GDP DataIn 2025, the Bureau of Economic Analysis (BEA) reported that real gross domestic product (GDP) expanded nationally, with growth recorded across all states and the District of Columbia. The increase in GDP reflected broad-based economic momentum, supported by contributions from several major industries. At the state level, real GDP growth ranged from a 3.1 percent […]
- State-Level Employment Situation: January 2026The U.S. labor market began the year on firmer footing, with job growth rebounding in January after a subdued performance in 2025. Employment gains were widespread across most states, though underlying trends remain uneven, with pockets of weakness persisting in certain regions and sectors. In January, nonfarm payroll employment increased in 45 states compared to […]
- Inflation Surged to a Nearly Two-Year High in MarchConsumer prices surged to a nearly two-year high in March, driven by a spike in energy costs following the onset of the Iran war. This is the first CPI report to reflect the impact of the war, with inflation rising nearly a full percentage point from February. National gasoline average prices in March soared above […]
- Remodeling Market Sentiment Edges Down but Remains Positive in First QuarterIn the first quarter of 2026, the NAHB/Westlake Royal Remodeling Market Index (RMI) posted a reading of 62, down two points compared to the previous quarter. Despite this decline, the overall reading has been solidly in positive territory since Q1 2020. Remodeler sentiment remained generally positive in the first quarter, even as many remodelers are still working […]
