National Association of Home Builders Economic Research Blog
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 decrease, 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 ...
Which Construction Occupations Will See the Largest Job Gains Over the Next Decade?
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The U.S. Bureau of Labor Statistics (BLS) projects that the economy will add 5.9 million jobs from 2025 to 2035, with total employment increasing from 170.3 million to 176.2 million, ...
Uptick for Non-Conventional Financing in 2025
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Nationwide, the share of non-conventional financing for new home sales accounted for 32.4% of the market, according to NAHB analysis of the 2025 Census Bureau Survey of Construction (SOC) data. ...
