NAHB

NAHB: Building Material Price Growth Tracking Close to 2023

Residential construction inputs, excluding food and energy, fell 0.04% in July, according to the most recent Producer Price Index (PPI) report published by the...

Construction Job Openings Slowdown

According to the Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS), the number of open construction sector jobs decreased in June...

Single-Family Slips, Multifamily Surges in June

Increased interest rates on home mortgages and construction and development loans slowed single-family production and demand in June. Housing starts jumped 3.0% in June to...

Builder Confidence Drops to Lowest Level in 7 Months as Rates Bite

Mortgage rates averaged 6.92% in June, according to Freddie Mac, and high rates for construction and development loans continue to dampen builder optimism. Builder confidence...

NAHB: Lot Values Are On The Rise

According to National Association of Home Builders (NAHB)'s research of Census Bureau Survey of Construction (SOC) data, lot values for single-family detached spec homes...

High Mortgage Rates Cool Builder Confidence

Mortgage rates remain in the 7% level, and rising construction financing costs continue to dampen builder optimism. Builder confidence in the market for newly built...

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