National Association of Home Builders Economic Research Blog
ARM Share Increased as Mortgage Rates Spiked
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Mortgage application activity declined as the 30-year fixed mortgage rate rose sharply. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of total mortgage application volume, decreased 7.7% month-over-month ...
Mortgage Rates Rise as Treasury Yields Top 5%
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Mortgage rates rose sharply in September as multiple factors applied significant upward pressure on the U.S. treasury yields. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.86% in September, ...
Two-Story Foyer Share Edges Up in 2025
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In 2025, around a quarter of new homes were built with a two-story foyer, slightly up from 2024, according to data obtained from the Census Bureau’s Survey of Construction (SOC) ...
Trade Contractors Account for 42% of Associate Members
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Every year since 2008, the NAHB has conducted a member census in order to better understand the composition and characteristics of the people who belong to its organization. Similar to ...
U.S. Economy Adds 29,000 Jobs in September as Prior Months Are Revised Down
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The U.S. labor market cooled in September, with nonfarm payroll employment increasing by just 29,000 as downward revisions erased most of August’s previously reported strength. The unemployment rate edged up ...
Private Residential Construction Spending Posts Broad-Based Gains in August
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Private residential construction spending rose in August 2026 following a series of declines during the second quarter of the year. According to the latest construction spending data from the U.S. ...
AI Exposure Remains Relatively Low Across Most Construction Occupations
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Artificial intelligence (AI) is rapidly changing how work gets done, but its impact varies considerably across occupations. For most construction occupations, near-term exposure to AI remains relatively low. An NAHB ...
