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- Sharp Drop in Multifamily Production Brings Overall Housing Starts DownOverall housing starts decreased 9.8% in May to a seasonally adjusted annual rate of 1.26 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
- National Safety Month: Safe DrivingTraffic accidents are one of the leading causes of deaths in America. About 40,000 people die in motor vehicle crashes each year. It's important to understand the dangers of driving and how to safely commute to and from work each day.
- Senate Version of Tax Bill Retains Key Housing, Business ProvisionsThe Senate Finance Committee on June 16 unveiled its portion of the One Big Beautiful Bill Act — sweeping tax and domestic policy legislation that narrowly passed the House last month. The Senate version includes several provisions that are very positive for housing.
- Builder Sentiment at Third Lowest Reading Since 2012Builder confidence in the market for newly built single-family homes was 32 in June, down two points from May, according to the NAHB/Wells Fargo Housing Market Index (HMI) released today. The index has only posted a lower reading twice since 2012 – in December 2022 when it hit 31 and in April 2020 at the […]
- Practical Strategies for Aging-in-Place RemodelsSeventy-three percent of industry leaders say that requests for aging-in-place (AIP) features have increased in the last five years, and 56% of remodelers are involved in home modification work relating to AIP, according to the NAHB/Westlake Royal Remodeling Market Index. Learn more about AIP practices on July 10 during NAHB's AIP Shop Talk.
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- Sharp Drop in Multifamily Production Brings Overall Housing Starts DownA sharp decline in multifamily production pushed overall housing starts down in May, while single-family output was essentially flat due to economic and tariff uncertainty along with elevated interest rates. Overall housing starts decreased 9.8% in May to a seasonally adjusted annual rate of 1.26 million units, according to a report from the U.S. Department...
- Builder Sentiment at Third Lowest Reading Since 2012In a further sign of declining builder sentiment, the use of price incentives increased sharply in June as the housing market continues to soften. Builder confidence in the market for newly built single-family homes was 32 in June, down two points from May, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market...
- Permit Activity Weakens in April 2025Housing permits continued a downhill trend for the fourth month in a row, pointing to a broader residential construction slowdown for 2025. Over the first four months of 2025, the total number of single-family permits issued year-to-date (YTD) nationwide reached 320,259. On a year-over-year (YoY) basis, this is a decline of 4.7% over the April...
- Household Real Estate Asset Value Falls to Start the YearThe market value of household real estate assets fell from $48.1 trillion to $47.9 trillion in the first quarter of 2025, according to the most recent release of U.S. Federal Reserve Z.1 Financial Accounts. The value of household real estate assets declined for three consecutive quarters after peaking at $48.8 trillion in the second quarter...
- Producer Prices Rise in May: New Construction Input AnalysisPrices for inputs to new residential construction—excluding capital investment, labor, and imports—rose 0.2% in May, following a (revised) decrease of 0.2% in April. These figures are taken from the most recent Producer Price Index (PPI) report published by U.S. Bureau of Labor Statistics. The PPI measures prices that domestic producers receive for their goods and...
