National Association of Home Builders Economic Research Blog

Building Material Prices Continue to Rise Despite Energy Price Declines
Building Material Prices Continue to Rise Despite Energy Price Declines
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Residential building material prices, excluding energy, rose 0.5% in June and were up 4.6% from a year ago. Lower energy prices were apparent in June, as energy input prices fell ...
Single-Family Permitting Continued to Weaken Through May
Single-Family Permitting Continued to Weaken Through May
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State-level permitting activity continued to reflect a divided housing market through the first five months of 2026. Elevated mortgage rates and ongoing affordability challenges continued to weigh on single-family construction ...
Inflation Cooled in June as Gas Prices Eased
Inflation Cooled in June as Gas Prices Eased
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Inflation slowed to 3.5% in June from a three-year high last month, driven by a mid-June ceasefire agreement that stabilized oil markets and lowered energy prices. The decline in energy ...
Two or More Story Home Starts Pull Back in 2025
Two or More Story Home Starts Pull Back in 2025
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Over half of new single-family homes built in 2025 were two or more stories, according to the recent release of the Census Bureau’s Survey of Construction (SOC). After increasing in ...
2025 New Single-Family Starts by Census Division
2025 New Single-Family Starts by Census Division
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Persistently high mortgage rates, elevated costs for builders, and ongoing supply-side constraints continued to weigh on single-family construction in 2025. According to the NAHB analysis of the 2025 Survey of ...
Existing Home Sales Slowed in June
Existing Home Sales Slowed in June
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After reaching a five-month high last month, existing home sales pulled back in June as record-high home prices and elevated mortgage rates weighed on buyers. This monthly volatility reflects the ...
Remodeling Market Sentiment Remains in Positive Territory in Second Quarter
Remodeling Market Sentiment Remains in Positive Territory in Second Quarter
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In the second quarter of 2026, the NAHB Remodeling Market Index (RMI) posted a reading of 61, down one point compared to the previous quarter. The RMI has remained in the ...
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