Industry News

Industry News

NAHB: July Construction Material Prices Rise

In July, the cost of residential building materials, exclusive of energy, increased by 0.4% and was 5.0% higher than it was a year prior. In...
Daniel Moore -
Industry News

NAHB: Residential Building Worker Wage Growth Cools

The second quarter of 2026 saw a continued decline in wage growth for residential building laborers, which was a result of a decrease in...
Daniel Moore -
Industry News

NAHB: Growing construction jobs

The quantity of open positions in the construction sector increased. According to the Job Openings and Labor Turnover Survey (JOLTS) conducted by the Bureau...
Bobby Craig -
Industry News

NAHB: Homebuilding Spending Falls as Remodeling Activity Falls

While the sector's recent trajectory was significantly altered by substantial downward revisions to improvement (remodeling) spending, private residential construction spending declined 0.3% in June....
Alex Matthews -
Industry News

NAHB: Home Purchase Increases Consumer Spending

The COVID-19 pandemic has significantly altered the housing market and consumer spending habits. During this time, the demand for housing increased, home prices appreciated...
Alex Matthews -
Industry News

NAHB: New home sales rise despite affordability issues

The new-home market was still affected by affordability challenges in June, as elevated mortgage rates, rising inflation, and broader economic uncertainty kept many potential...
Chris Gordon -
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