NAHB Now
- 3 Ways to Maximize Your 2027 IBS RegistrationRegistration for the 2027 International Builders’ Show (IBS), taking place Feb. 2-4 in Las Vegas, opens Sept. 1. Make the most of your IBS experience by adding education courses, special events and more when you register.
- Smaller Builders Report Higher Material CostsBuilding material costs increased by 6.7% over the past 12 months, according to results from the survey for the July 2026 NAHB/Wells Fargo Housing Market Index (HMI).
- NAHB Mourns the Passing of Past President Shirley McVay WisemanShirley McVay Wiseman, 1989 NAHB president, passed away on Sunday, Aug. 23. A pioneer in the home building industry, Wiseman was the first woman elected president of NAHB.
- Economic Uncertainty, Affordability Challenges Weigh on New Home SalesSales of newly built single-family homes declined 10.5% in July to a seasonally adjusted annual rate of 607,000, following a sharply upwardly revised June estimate, 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 was 6.3% lower than a […]
- U.S.-Canada Trade Tensions Add to Market UncertaintyThe escalating U.S.-Canada trade dispute is a setback for residential construction. Talks between the two countries collapsed last Friday, and President Trump proceeded with his threat to impose 50% tariffs on about $20 billion in Canadian goods.
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Eye On Housing
- PCE Inflation Remains StickyThe latest report shows the Federal Reserve’s preferred inflation gauge remains sticky in July, complicating the Fed’s path to its long-term 2% target. Meanwhile, consumer spending remains resilient but is showing signs of slowing, with real consumer spending unchanged in July. Households are pulling back on spending amid persistent inflation. The headline Personal Consumption Expenditure […]
- Multifamily Missing Middle Falls BackMultifamily missing middle construction declined during the second quarter of 2026. The missing middle construction sector includes development of medium-density housing, such as townhouses, duplexes and other small multifamily properties. The multifamily segment of the missing middle (apartments in 2- to 4-unit properties) has generally disappointed since the Great Recession. For the second quarter of 2026, there […]
- Economic Uncertainty, Affordability Challenges Weigh on New Home SalesElevated borrowing costs, rising inflation and broad economic uncertainty continue to curb buyer demand and hold back new home sales. Sales of newly built single-family homes declined 10.5% in July to a seasonally adjusted annual rate of 607,000, following a sharply upwardly revised June estimate, according to newly released data from the U.S. Department of […]
- Second Quarter 2026 Multifamily Construction DataAccording to NAHB analysis of quarterly Census data, the count of multifamily, for-rent housing starts increased year-over-year during the second quarter of 2026. For the quarter, 117,000 multifamily residences started construction. Of this total, 109,000 were built-for-rent. This built-for-rent total was 5% higher than in the second quarter of 2025. Prior NAHB analysis suggests this expansion primarily […]
- Cost of Materials Rises, Especially for Smaller BuildersMaterial costs increased by 6.7% over the previous year, according to results from the survey for the July 2026 NAHB/Wells Fargo Housing Market Index (HMI). A large majority (72.9%) of the builders responding to the survey reported that their cost of materials for the same house increased by up to 15% over the past year […]
