National Association of Home Builders Economic Research Blog
With Inflation Uptick, Fed Hikes and Signals More to Come
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The Federal Reserve raised the federal funds rate by 25 basis points at the conclusion of its September policy meeting, bringing the target range to 3.75% to 4%. The decision ...
Builder Sentiment Falls on Higher Interest Rates and Costs
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Higher mortgage rates, worsening labor shortages and rising material costs are weighing on builder sentiment. Builder confidence in the market for newly built single-family homes fell three points to 32 ...
Single-Family Permitting Declines Through July as Multifamily Activity Remains Stronger
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Single-family permitting activity continued to weaken through the first seven months of 2026, while multifamily permitting remained stronger compared with the same period last year. Although single-family permits declined in ...
Women’s Share of Construction Workforce Reaches 20-Year High in 2025
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In 2025, the number of women employed in the construction industry rose to around 1.37 million, an increase of about 31,000 from 2024. Women accounted for 11.3% of total construction ...
Value of Household Real Estate Assets Approaches $50 Trillion
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The market value of households’ real estate assets rose in the second quarter, reaching $49.8 trillion, according to the most recent release of U.S. Federal Reserve Z.1 Financial Accounts. This ...
Custom Home Premium Highest Since 2011
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The custom home premium, the difference between what typical buyers pay per square foot for a contractor-built home and a spec home, reached 12.6%, its highest level since 2011, according ...
Inflation Persisted in August
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Inflation in August remained sticky as renewed tensions with Iran continued pushing up oil prices, keeping pressure on the Fed to consider a rate hike at its upcoming meeting. Gasoline ...
