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.

Permits Fall in May 2025

Housing permits continued a downhill trend for the fifth month in a row, pointing to a broader residential construction slowdown for 2025. This slowdown is attributed to factors like higher

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2025 First Quarter State-Level GDP Data

Real gross domestic product (GDP) increased in ten states in the first quarter of 2025 compared to the last quarter of 2024, according to the U.S. Bureau of Economic Analysis

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State-Level Employment Situation: May 2025

Nonfarm payroll employment increased in 37 states in May compared to the previous month, while it decreased in 10 states and the District of Columbia. The three remaining states, Alaska,

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Permit Activity Weakens in April 2025

Housing permits continued a downhill trend for the fourth month in a row, pointing to a broader residential construction slowdown for 2025. Over the first four months of 2025, the

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Permit Activity Declines in March 2025

Permits continue a downhill trend for the third month in a row. Over the first three months of 2025, the total number of single-family permits issued year-to-date (YTD) nationwide reached

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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

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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

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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.

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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%

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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

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