National Association of Home Builders Economic Research Blog
How a Home Purchase Boosts Consumer Spending
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The housing market has changed greatly since the COVID-19 pandemic, along with consumer spending behaviors. During this period, housing demand surged, home prices appreciated rapidly, inflation increased, supply-chain disruptions happened, ...
Median Lot Value Stabilizes as Regional Trends Diverge
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Following a multi-year run of record highs, the national median lot value for single-family detached spec homes largely stabilized in 2025. According to NAHB’s analysis of the Census Bureau’s Survey of Construction (SOC), the ...
Share of Apartments Built in Buildings with 50+ Units Moves Higher in 2025
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Following the highest number of multifamily completions in nearly 40 years in 2024, completions declined in 2025 to 484,000, according to NAHB analysis of the Census Bureau’s Survey of Construction. ...
New Home Sales Edge Higher as Affordability Challenges Persist
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Affordability challenges continued to weigh on the new-home market in June, as elevated mortgage rates, rising inflation and broader economic uncertainty kept many prospective buyers on the sidelines. Sales of ...
Acquisitions Increasing Among Home Builders
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At the start of 2026, most home builders predicted that high mortgage rates and hesitancy among buyers would be their toughest challenges this year. They weren’t wrong: the 30-year mortgage ...
What Do Home Buyers Purchase After They Move In
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Buying a home typically generates a wave of consumer spending beyond the purchase of the home itself. Following a home purchase, households often buy appliances and furnishings and undertake remodeling ...
State-Level Employment Situation: June 2026
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State labor market conditions softened in June as hiring slowed across much of the country. While a majority of states recorded payroll employment gains during the month, national job growth ...