National Association of Home Builders Economic Research Blog

Day: December 9, 2025

Construction Labor Market Stable

The count of open, unfilled positions in the construction industry was relatively unchanged in October, per the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level

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Mortgage Activity Continued to Climb in November

Mortgage activity continued to climb in November, posting the largest year-over-year increase in more than five years. Every major category increased on a year-over-year basis as mortgage rates continue to trend lower, led by strong increases in refinancing and adjustable-rate mortgage activity.  The Mortgage Bankers Association’s (MBA) Market

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