Eye On Housing

National Association of Home Builders Economic Research Blog

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 ...
Small Decline for Single-Family Home Size
Small Decline for Single-Family Home Size
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New single-family home size had been falling since 2015 in response to declining affordability conditions. An exception occurred in 2021, when new home size increased as interest rates reached historic ...
PCE Inflation Remains Sticky
PCE Inflation Remains Sticky
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The latest report shows the Federal Reserve’s preferred inflation gauge remains sticky in July, complicating the Fed’s path to its long-term 2% target. Meanwhile, consumer spending remains resilient but is ...
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Structural Demand Outpacing Supply: Jobs-to-Permits Ratios Highlight Housing Gap
Structural Demand Outpacing Supply: Jobs-to-Permits Ratios Highlight Housing Gap
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House Price Appreciation by State and Metro Area in the First Quarter of 2026
House Price Appreciation by State and Metro Area in the First Quarter of 2026
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Homebuyer Tax Credit Totals

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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