National Association of Home Builders Economic Research Blog

Author: Danushka Nanayakkara-Skillington

Danushka Nanayakkara-Skillington is NAHB’s Assistant Vice President for Forecasting and Analysis. She oversees the activities of the Forecasting & Analysis section of the Economics group which includes housing market analysis, industry surveys, developing and maintaining national, regional, long-term, and remodeling expenditures forecasts. Previously, she worked at NAHB as a Senior Economist, responsible for state and local analysis. Prior to joining NAHB, Danushka worked at J.D. Power as a Senior Economic Analyst in the automotive industry. She is a member of the Joint Advisory Board of Economists for the Commonwealth of Virginia. Danushka holds a B.A. degree in Economics and Business Administration from Otterbein University and M.A. degree in Applied Economics from Johns Hopkins University.

Housing Starts Decline Amid Economic Uncertainty

Constrained housing affordability conditions due to elevated interest rates, rising construction costs and labor shortages led to a reduction in housing production in March. Overall housing starts decreased 11.4% in

Read More »

Permits Pullback in February 2025

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

Read More »

Permits Kick Off 2025 With Setbacks

Permits are off to a lower level to start the new year. Over the first month of 2025, the total number of single-family permits issued year-to-date (YTD) nationwide reached 73,115.

Read More »

Single-Family Permits Up in November 2024  

Over the first eleven months of 2024, the total number of single-family permits issued year-to-date (YTD) nationwide reached 912,910. On a year-over-year (YoY) basis, this is an increase of 8.2%

Read More »

New Home Sales Rose in November

In November 2024, the U.S. housing market experienced a significant boost, with sales of new single-family homes reaching a seasonally adjusted annual rate of 664,000, according to newly released data

Read More »

2024 Third Quarter State-Level GDP Data

Real gross domestic product (GDP) increased in 45 states and the District of Columbia in the third quarter of 2024 compared to the second quarter of 2024 according to the

Read More »

Single-Family Permits Up in October 2024  

Over the first ten months of 2024, the total number of single-family permits issued year-to-date (YTD) nationwide reached 846,446. On a year-over-year (YoY) basis, this is an increase of 9.4%

Read More »

October New Home Sales Down on Higher Rates

Steadily rising mortgage rates coupled with ongoing affordability challenges kept many potential home buyers on the sidelines in October. Sales of newly built, single-family homes in October declined 17.3% to

Read More »

State-Level Employment Situation: October 2024

Clouded by hurricanes in the southeast part of the country and strike activity in the manufacturing sector, October nonfarm payroll figures were mediocre. Nonfarm payroll employment increased in 21 states

Read More »

Subscribe to Blog via Email

Email Frequency