High mortgage rates and economic uncertainty continued to keep potential home buyers on the sidelines and constrain new home sales in September. New home sales declined from August and remained below ...
Non-conventional forms of financing (as opposed to conventional mortgage loans) include loans insured by the Federal Housing Administration (FHA), VA-backed loans, cash purchases, and other types of ...
Among these three divisions, West North Central recorded the largest average finished basement area at 957 square feet (sq. ft.), followed by Middle Atlantic (830 sq. ft.) and New England (810 sq. ft.
The goods component has a larger importance to the inputs to residential construction price index, representing around 60% of the total. On a monthly basis, the price of input goods to new residential ...
In 2025, approximately 30,000 single-family homes were built using modular (14,000) and panelized/pre-cut (16,000) construction methods, out of 975,000 completed single-family homes. It is worth ...
The share of new homes with decks inched upward, from an all-time low of 17.4% in 2024 to 17.8% in 2025, according to NAHB tabulation of data from the HUD/Census Bureau Survey of Construction (SOC).
Multifamily starts, which include apartment buildings and condominiums, decreased 6.7% from August to September to an annualized 362,000 pace. The three-month moving average for multifamily ...
Over the 12 months ending in September, total nonfarm employment increased by 496,000 jobs nationwide, representing a 0.3% gain. Job gains ranged from 400 in Hawaii to 154,300 in Texas. Collectively, ...
Labor shortages in the home building industry are becoming more widespread, according to recent results from the NAHB/Well Fargo Housing Market Index (HMI) survey. The September 2026 HMI survey asked ...
Rising mortgage rates, energy and material costs, and worsening labor and lot conditions have pushed builder sentiment to a 14-year low.
A previous post examined the median age of the overall construction workforce and how it compares with workers in all industries. This analysis takes a closer look at workers in construction trades, ...
The benefits of homeownership also extend beyond individual households. Because homeowners have a financial stake in their properties and tend to have longer-term ties to their neighborhoods, ...
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