NAHB Now
- Three States Drive Over 20% of Remodeling Activity, NAHB Research FindsCalifornia, Texas and Florida continue to account for the largest shares of remodeling activity nationwide, according to first quarter results from NAHB’s State Projections of Remodeling (SPR). The SPR offers a quarterly state-by-state analysis of remodeling activity based on total dollar volume, market share and changes in remodeling spending.
- Nominate Outstanding Members for 2027 National Housing Center AwardsThe National Housing Center Board of Governors is seeking nominations for NAHB’s two highest honors: Membership in the National Housing Hall of Fame and the Exemplary Service in Home Building award. Nominations must be submitted by Sept. 4, 2026.
- Key Codes Bill Clears Senate PanelOn Aug. 6, the Senate Committee on Homeland Security and Governmental Affairs advanced the NAHB-supported Promoting Resilient Buildings Act, legislation that would help communities maintain local control over building code adoption while encouraging stronger preparation for and recovery from extreme events.
- NAHB’s Monthly Update Features Tariff and Economic UpdatesStay informed on the issues shaping the residential construction industry by reviewing the monthly update talking points. The latest edition features messages related to tariffs and the economy.
- Proposed Construction Stormwater Permit Aims to Provide Greater Clarity, FlexibilityThe Environmental Protection Agency (EPA) has proposed a new Construction General Permit (CGP) that would replace the current federal permit when it expires in February 2027. Comments are due Sept. 2, and the EPA will hold a webinar Aug. 18 to review the proposed changes.
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Eye On Housing
- Wage Growth for Residential Building Workers Continues to CoolWage growth for residential building workers continued to lose momentum in the second quarter of 2026, reflecting softer housing construction activity and weaker labor demand. According to the latest data from the U.S. Bureau of Labor Statistics, both nominal and inflation-adjusted wages have weakened further, extending the cooling trend that emerged after the strong wage […]
- Three States Drive Over 20% of Remodeling ActivityThe National Association of Home Builders (NAHB) has released its State Projections of Remodeling (SPR) for the first quarter of 2026. As a reminder, the SPR provides on a quarterly basis a state-level estimation of the market share and total dollar value of remodeling spending. The SPR is a statistical model designed to use national […]
- U.S. Labor Market Softens in JulyThe U.S. labor market weakened in July, with nonfarm payrolls down 23,000 and downward revisions cutting another 103,000 jobs from May and June. Although the unemployment rate edged lower to 4.1%, the decline reflected a smaller labor force rather than stronger hiring, as overall participation fell to its lowest level since early 2021. July marked […]
- Multifamily Developer Confidence Weakens in Second QuarterConfidence in the market for new multifamily housing weakened year-over-year in the second quarter, according to the Multifamily Market Survey (MMS) by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 43, down three points year-over-year, while the Multifamily Occupancy Index (MOI) […]
- Mortgage Rates Climb Again as Iran Conflict Re-escalatesRe-escalation of the conflict in Iran pushed mortgage rates higher in July. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.54% in July, up 5 basis points (bps) over June. Since the conflict in the Middle East began, the 30-year mortgage rate has climbed by almost 50 bps. The average 15-year rate averaged 5.91% […]
