May 15, 2025 | Eye On Housing

Cost of Credit Eases for Builders and Developers

Paul EmrathMay 15, 2025May 15, 202507 mins

The cost of credit for residential Land Acquisition, Development & Construction (AD&C) eased in the first quarter of 2025, according to NAHB’s survey on AD&C Financing. During the quarter, the average contract interest rate declined on three of the four categories of loans tracked in the NAHB survey: from 8.48% in 2024 Q4 to 8.23%…

Soft Spring Selling Season Takes a Toll on Builder Confidence

Robert DietzMay 15, 2025May 14, 202514 mins

Builder confidence fell sharply in May on growing uncertainties stemming from elevated interest rates, tariff concerns, building material cost uncertainty and the cloudy economic outlook. However, 90% of the responses received in May were tabulated prior to the May 12 announcement that the United States and China agreed to slash tariffs for 90 days to…