Eye On Housing

National Association of Home Builders Economic Research Blog

Housing’s Share of GDP Moves Lower in the Second Quarter
Housing’s Share of GDP Moves Lower in the Second Quarter
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Housing’s share of the economy was 15.8% in the second quarter of 2026, according to the latest estimates of GDP produced by the Bureau of Economic Analysis. This share is ...
PCE Inflation Eased in June
PCE Inflation Eased in June
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After reaching a three-year high last month, the Federal Reserve’s preferred inflation gauge eased in June following declines in energy prices amid a temporary truce with Iran. This marked the ...
Top Ten Builder Share Across Largest Housing Markets
Top Ten Builder Share Across Largest Housing Markets
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An earlier post described how the top ten builders  in the country accounted for 43.6% of new single-family closings in 2025. BUILDER magazine has now released additional data on the ...
Amid Supply-Side Inflation Pressures, The Fed Holds
Amid Supply-Side Inflation Pressures, The Fed Holds
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The Federal Reserve held the federal funds rate at a target range of 3.5% to 3.75% at the conclusion of its July policy meeting. There were three dissenting votes on ...
How a Home Purchase Boosts Consumer Spending
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
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
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. ...
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House Price Appreciation by State and Metro Area in the First Quarter of 2026
House Price Appreciation by State and Metro Area in the First Quarter of 2026
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HBGI Q1 2026: Single-Family Construction Slips Across All Geographies
HBGI Q1 2026: Single-Family Construction Slips Across All Geographies
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Homebuyer Tax Credit Totals

The Government Accountability Office has released a report tallying the number of homebuyers benefitting from the homebuyer tax credit. The numbers are still incomplete as the IRS continues to process submitted claims. Further, some homebuyers will not claim the credit until the end of the...

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