National Association of Home Builders Economic Research Blog
Mortgage Rates Climb as Inflation Rebounds and Yields Rise
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Mortgage rates continued to increase in April as ceasefire negotiations remain inconclusive. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.34% in April, 16 basis points (bps) higher than ...
Student Housing Construction Investment Holds Steady in the First Quarter of 2026
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Private fixed investment in student dormitories edged up 0.1% in the first quarter of 2026, holding at a seasonally adjusted annual rate (SAAR) of $3.9 billion. This modest gain marked ...
Housing’s Share of GDP Dips Below 16% for First Time Since 2019
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Housing’s share of the economy was 15.9% in the first quarter of 2026, according to the latest estimates of GDP produced by the Bureau of Economic Analysis. This share is ...
U.S. Economy Rebounded in the First Quarter of 2026
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Real GDP growth accelerated in the first quarter of 2026, rebounding from a weak finish at the end of 2025, as government spending recovered following a disruptive shutdown. First-quarter growth ...
Powell’s Chair Ends but He Keeps His Board Seat
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The April meeting of the Fed’s monetary policy committee featured a lot of institutional news for a month in which the Fed kept monetary policy unchanged. The outlook for the ...
Home Building Shows Signs of Stabilization with Monthly Gain in Starts
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Housing construction activity strengthened in March, with a notable rebound in both single-family and multifamily starts, signaling improved builder activity despite ongoing headwinds from financing costs and affordability constraints. While ...
Homeownership Rate Edges Down to 65.3%
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The latest homeownership rate declined to 65.3% in the first quarter of 2026, according to the Census’s Housing Vacancy Survey (HVS). While this was a modest quarterly decrease, the broader ...