National Association of Home Builders Economic Research Blog

Author: Ashok Chaluvadi

Ashok Chaluvadi is a senior economist for NAHB where he is responsible for conducting and assisting with surveys, such as those measuring builder sentiment, finance issues and other related housing industry surveys. He also provides information on housing topics and related issues to NAHB members, staff, financial institutions, Wall Street companies and other individuals. He holds a master's in economics from Ohio University.

Builders’ Top Challenges for 2025

The most significant challenge builders faced in 2024 was high interest rates, as reported by 91% of builders in the latest NAHB/Wells Fargo Housing Market Index survey.  A smaller, albeit still

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Young construction worker carrying wood boards

Builders’ Top Challenges for 2024

According to the January 2024 survey for the NAHB/Wells Fargo Housing Market Index, high interest rates were a significant issue for 90% of builders in 2023, and 77% expect them

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