NAHB Now
- Affordability Concerns Push New Home Sales Lower in MaySales of newly built single-family homes fell 7.3% in May to a seasonally adjusted annual rate of 580,000, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The pace of new home sales is down 6.8% from a year earlier.
- NAHB Helps Secure Passage of Historic Housing BillThe House today overwhelmingly approved the 21st Century ROAD to Housing Act, advancing to President Trump legislation that NAHB helped shape through a years-long advocacy effort to significantly boost housing production.
- NAHB Applauds Congressional Passage of Landmark Housing BillNAHB Chairman Bill Owens issued the following statement after the House passed the 21st Century ROAD to Housing Act, sending the bill to President Trump to be signed into law.
- Jobs-to-Permits Ratios Highlight Housing GapHome building activity did not fully keep pace with demand driven by job gains as strong labor market growth continued to put pressure on the nation's housing supply in 2024.
- NAHB Invests $75,000 in State and Local Advocacy EffortsDuring the 2026 Spring Leadership Meeting in Washington D.C., the NAHB State and Local Government Affairs Committee approved $75,000 through the State and Local Issues Fund (SLIF).
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Eye On Housing
- Affordability Concerns Push New Home Sales Lower in MayElevated mortgage rates, rising inflation and economic uncertainty kept many buyers out of the market in May as consumers and builders continue to deal with challenging affordability conditions. While monthly sales activity softened, builders continue to operate in a market characterized by cautious buyers and persistent financing constraints. Sales of newly built single-family homes fell […]
- Sawmill Output Slips as Capacity Continues to DeclineU.S. sawmill production fell in the first quarter, the second consecutive quarter of lower output according to the Federal Reserve G.17 Industrial Production report. Sawmill output has remained largely flat since 2023, after increasing in the post-pandemic period. The utilization rate for sawmills and wood preservation industries was 71.8% on a four-quarter moving average, up […]
- State-Level Employment Situation: May 2026State labor market conditions remained mixed in May, with payrolls expanding in many states while job losses were concentrated in a smaller group of states and the District of Columbia (D.C.). Construction employment also continued to grow nationwide, although performance varied considerably across states. In May, nonfarm payroll employment increased in 38 states compared to […]
- Structural Demand Outpacing Supply: Jobs-to-Permits Ratios Highlight Housing GapStrong labor market growth continued to put pressure on the nation’s housing supply in 2024, as home building activity did not fully keep pace with demand driven by job gains. Comparing net new jobs with prior-year permitting activity helps show whether the pace of housing construction is keeping up with potential household formation and broader […]
- Gains for Household Real Estate AssetsThe market value of households’ real estate assets rose to a new high in the first quarter reaching $48.7 trillion, according to the most recent release of U.S. Federal Reserve Z.1 Financial Accounts. This level is 1.7% higher than in the fourth quarter and is 2.6% higher than a year ago. This measure of market […]
