National Association of Home Builders Economic Research Blog
Top Posts – States with Highest and Fastest Rising Construction Wages, 2025
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Wage growth in construction continued to decelerate in April on a national basis, but the differences across regional markets remain stark. Nationally, average hourly earnings (AHE) in construction increased 3.6% ...
Top Posts – Cost of Constructing a Home in 2024
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Construction costs account for 64.4% of the average price of a home, according to NAHB’s most recent Cost of Construction Survey. In 2022, the share was 3.6 points lower, at ...
Top Posts – Who’s Still Working from Home in 2025? A Look at America’s Telework Trends
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Remote work may no longer dominate the U.S. labor force as it did during the height of the pandemic in 2020, but it still represents a substantial share of employment ...
Top Posts – Inadequate Shelter: Millions of U.S. Homes Fail to Meet Standards
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In 2023, nearly 6.45 million homes, around 5% of U.S housing stock, were classified as inadequate according to the American Housing Survey (AHS). Of these, 1.65 million homes were classified ...
Top Posts – Most Home Builders are Small Businesses
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Despite historically low self-employment rates and the rising market share of top ten builders, residential construction remains an industry dominated by independent entrepreneurs, with nearly 80% of home builders and ...
Top Posts – Manufactured Homes: An Alternative Means of Housing Supply
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Manufactured homes play a measurable role in the U.S. housing market by providing an affordable supply option for millions of households. According to the American Housing Survey (AHS), there are ...
State-Level Employment Situation: September 2025
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In September 2025, nonfarm payroll employment was largely unchanged across states on a monthly basis, with a limited number of states seeing statistically significant increases or decreases. This reflects generally ...
Existing Home Sales Edge Higher in November
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Existing home sales rose for the third consecutive month in November as lower mortgage rates continued to boost home sales, according to the National Association of Realtors (NAR). However, the ...
Lumber Capacity Lower Midway Through 2025
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Sawmill production has remained essentially flat over the past two years, according to the Federal Reserve G.17 Industrial Production report. This most recent data release contained an annual revision, which ...
Inflation Slows in November (with a Caveat)
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Inflation unexpectedly eased in November, according to the Bureau of Labor Statistics (BLS) latest report. This data release was originally scheduled for December 10 but was delayed due to the ...