National Association of Home Builders Economic Research Blog
Student Housing Construction Rises in the Third Quarter
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Private fixed investment in student dormitories rose 2.6% in the third quarter of 2026, reaching a seasonally adjusted annual rate (SAAR) of $3.8 billion. This gain marked a second consecutive ...
Housing’s Share of the Economy Falls Again as It Continues to Face Headwinds
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Housing’s share of the economy was 15.7% in the third quarter of 2026, according to the latest estimates of GDP produced by the Bureau of Economic Analysis. This share is ...
PCE Inflation Accelerated in September
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The Federal Reserve’s preferred inflation gauge accelerated in September after holding at 3.0% for three consecutive months, complicating the Fed’s path to its 2% target. Consumer spending continued to be ...
U.S. Economy Accelerated in the Third Quarter of 2026
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The U.S. economy grew at a faster pace in the third quarter of 2026, supported by stronger consumer spending, robust business investment, and increased government spending. However, residential investment remained ...
Homeownership Rate Rises to 65.5%
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The latest homeownership rate reached 65.5% in the third quarter of 2026, according to the Census’s Housing Vacancy Survey (HVS). While this was a modest quarterly increase, the broader picture ...
Fed Holds Rates, With Two Votes for Another Hike
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The Federal Reserve maintained the federal funds rate at a target range of 3.75% to 4% at the conclusion of its October policy meeting. Approved by a 10–2 vote, the ...
Affordability Challenges Push New Home Sales Lower
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High mortgage rates and economic uncertainty continued to keep potential home buyers on the sidelines and constrain new home sales in September. New home sales declined from August and remained ...
