National Association of Home Builders Economic Research Blog

Private Residential Construction Spending Continues to Weaken
Private Residential Construction Spending Continues to Weaken
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Private residential construction spending fell further in July, marking its fourth consecutive monthly decline. According to the latest construction spending data from the U.S. Census Bureau, private residential construction spending ...
House Price Appreciation by State and Metro Area in the Second Quarter of 2026
House Price Appreciation by State and Metro Area in the Second Quarter of 2026
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U.S. house prices continued to rise in the second quarter of 2026, with most states and metropolitan areas recording annual gains. Elevated borrowing costs and affordability constraints remained important headwinds, ...
Number of Open Construction Sector Positions Rising
Number of Open Construction Sector Positions Rising
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The number of open positions in the construction sector increased in July per the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs ...
HBGI Q2 2026: Single-Family Construction Contracts Broadly While Multifamily Expands
HBGI Q2 2026: Single-Family Construction Contracts Broadly While Multifamily Expands
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Home building trends diverged across geographies in the second quarter of 2026. According to the Home Building Geography Index (HBGI), single-family construction declined in nearly all geographic categories, although the ...
Serious Delinquencies Edge Lower While Mortgage Transitions Rise
Serious Delinquencies Edge Lower While Mortgage Transitions Rise
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Household debt delinquency rates showed signs of stabilization in the second quarter of 2026 as overall share of delinquency balances edged lower and the transition to seriously delinquent debt declined ...
Single-Family AD&C Lending Falls Back in Q2
Single-Family AD&C Lending Falls Back in Q2
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Single-family construction lending fell slightly in the second quarter, according to data released by the Federal Deposit Insurance Corporation. The volume of 1-4 family residential construction and land development loans ...
Multifamily Absorption Rate Remains Below 50%
Multifamily Absorption Rate Remains Below 50%
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The percentage of new apartment units that were absorbed within three months after completion was down five percentage points in the first quarter, according to the Census Bureau’s latest release ...
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The homebuyer tax credit program is in the past for the housing industry. But we can begin to take a look back at the impact of the program using Internal Revenue Service data from 2009 to map where the tax credit was claimed by homebuyers. As with the energy...

As we enter into the last week of the 2010 tax filing season, it is a good time to look at some basic statistics concerning how construction firms, including home builders, organize for tax purposes and how much revenue they pay to the federal government. We...

The Government Accountability Office has released a report tallying the number of homebuyers benefitting from the homebuyer tax credit. The numbers are still incomplete as the IRS continues to process submitted claims. Further, some homebuyers will not claim the credit until the end of the...

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