National Association of Home Builders Economic Research Blog
Beating Expectations: U.S. Economy Adds 162,000 Jobs in August
Posted on
The U.S. labor market rebounded in August, with nonfarm payrolls increasing by 162,000 and upward revisions adding 55,000 jobs to June and July. The unemployment rate held steady at 4.1%, ...
New vs. Existing Home Prices: What the National Median Misses
Posted on
In the second quarter of 2026, the national median price for a new single-family home was $410,700, $25,000 lower than the national median price of an existing home, which stood at $435,700. This marks the largest difference between the national median trends for existing and new home ...
Mortgage Rates Climb as Global Forces Push Yields Higher
Posted on
Mortgage rates increased in August as Treasury yields remained elevated amid persistent inflation concerns. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.67% in August, up 13 basis points ...
Share of New Homes with Patios Dips to a Six-Year Low
Posted on
The share of new homes with patios dipped below 61% for the first time since 2019, according to NAHB tabulation of data from the Survey of Construction (conducted by the ...
Private Residential Construction Spending Continues to Weaken
Posted on
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
Posted on
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
Posted on
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 ...