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Day: April 15, 2025

  • Policy Research

Despite Exemptions and Delays, Tariffs are Already Affecting Builders

Paul EmrathApril 15, 2025April 15, 202504 mins

Home builders have already started to feel the effects of U.S. tariff policy, according to recent NAHB member surveys. This is true even though the Administration did not announce its list of reciprocal tariffs until April 2nd, lumber along with USMCA-compliant imports from Canada and Mexico were exempt, and a week later the Administration enacted…

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  • Construction Statistics

Permits Pullback in February 2025

Danushka Nanayakkara-SkillingtonApril 15, 2025April 23, 202504 mins

Permits continue the downward trend for the second month in a row. Over the first two months of 2025, the total number of single-family permits issued year-to-date (YTD) nationwide reached 147,119. On a year-over-year (YoY) basis, this is a decline of 5.2% over the February 2024 level of 155,236. For multifamily, the total number of…

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