NAHB

Builder Data & Analysis

AI Adoption in Home Building: An Early Look

The vast majority of single-family home builders do not yet use Artificial Intelligence (AI) in their operations. 20% of builders use AI to develop...
Jack Bjorklund -
Builder Data & Analysis

2024 Multifamily Construction: Units Completed Hits 38-Year High

According to a NAHB analysis of the Census Bureau's Survey of Construction, the number of multifamily units completed in 2024 reached its highest level...
Jack Bjorklund -
Builder Data & Analysis

Two-Story Homes Rebound in 2024

According to the most recent Census Bureau Survey of Construction (SOC), more than half of new single-family residences built in 2024 were two or...
Jack Bjorklund -
Builder Data & Analysis

Private Residential Construction Spending Falls in May

Private residential construction spending declined 0.5% in May, marking the fifth consecutive month of declines. This decrease was mostly caused by lower spending on...
Jack Bjorklund -
Builder Data & Analysis

Construction Job Openings Stable in April Amid Housing Slowdown

The number of vacant, unfilled positions in the construction industry remained stable despite a housing slowdown, according to the April Bureau of Labor Statistics...
Jack Bjorklund -
Builder Data & Analysis

April Residential Construction Spending Declines for Third Straight Month

Private residential construction spending declined 0.9% in April, marking the third consecutive monthly decrease. This drop was mostly caused by lower spending on single-family...
Chris Gordon -
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