NAHB Now
- Turn Conversations Into Partnership at IBS 2026 with PWTPWT is thrilled to return to the 2026 Builders’ Show, where we invite you to learn more about why engineered wood is the best product for stronger, straighter, quality homes. Stop by booth W3229 and the Craft Techniques Zone at IBS 2026 to get hands-on experience with PWT products and watch interactive zone demonstrations.
- A Message from Jim Chapman, Candidate for NAHB 2026 Third Vice ChairmanThe election for Third Vice Chairman will take place at the Leadership Council meeting during the 2026 International Builders' Show.
- Learn About the 2024 IECC in Free Video Series for NAHB MembersNAHB is now offering members a free educational video series on the 2024 International Energy Conservation Code. The videos break down key differences between the 2024 IECC and past editions, focusing on changes that improve usability and what they mean for construction costs.
- NAHB Senior Officers Bring a Housing Agenda to Capitol HillAddressing a wide range of legislative and regulatory issues with serious repercussions for the nation’s supply of affordably priced housing, NAHB First Vice Chairman Bill Owens and Second Vice Chairman Bob Peterson met with congressional leaders on Capitol Hill to pursue a strong national agenda for housing.
- 3 Major Factors Limiting American Construction ProductivityA recent Goldman Sachs report explores why the U.S. construction industry has underproduced compared to other countries’ construction industries. Between 1970 and 2024, productivity in the U.S. construction industry fell 30% while overall labor productivity more than doubled.
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Eye On Housing
- The Size of the Housing Shortage: 2024 DataPersistently low homeowner and rental vacancy rates indicate that the U.S. housing market remains structurally undersupplied. Comparing 2024 abnormally low vacancy rates with long-run equilibrium levels across U.S. metropolitan markets, NAHB estimates that approximately 1.2 million additional housing units are required to close the gap and restore vacancy rates to historical norms. This figure represents […]
- Job Openings Fall as Labor Market WeakensRunning counter to the data for the full economy, the count of open, unfilled positions in the construction industry increased in December, per the delayed Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down measurably from two years ago due to declines in construction activity, particularly […]
- Builders’ Top Challenges for 2026The most significant challenge builders faced in 2025 was high interest rates, as reported by 84% of builders in the latest NAHB/Wells Fargo Housing Market Index survey. A smaller, albeit still significant share of 65% expect interest rates to remain a problem in 2026. The next four most serious issues builders faced in 2025 were buyers […]
- Mortgage Rates Declined Despite Higher Treasury YieldsLong-term mortgage rates continued to decline in January. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.10% last month, 9 basis points (bps) lower than December. Meanwhile, the 15-year rate declined 4 bps to 5.44%. Compared to a year ago, the 30-year rate is lower by 86 bps. The 15-year rate is also lower […]
- Homeownership Rate Inches Up to 65.7%The latest homeownership rate rose to 65.7% in the last quarter of 2025, according to the Census’s Housing Vacancy Survey (HVS). While this was a modest quarterly increase, the broader picture continues to reflect significant affordability challenges. With mortgage interest rates remaining elevated, and housing supply still tight, housing affordability is at a multidecade low. […]
