National Association of Home Builders Economic Research Blog

Housing Starts Retreat on Market Headwinds
Housing Starts Retreat on Market Headwinds
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Housing starts fell in July as economic uncertainty, rising construction costs, labor shortages and elevated financing expenses continued to challenge builders. Overall housing starts decreased 12.4% in July to a ...
Cash Purchases of New Homes Fall to Lowest Share Since 2007
Cash Purchases of New Homes Fall to Lowest Share Since 2007
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New home sales rose in the second quarter but were lower than a year ago, according to the U.S. Census Bureau New Residential Sales release. The share of homes purchased ...
Consumer Credit Slowed in Q2 
Consumer Credit Slowed in Q2 
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In the second quarter of 2026, consumer credit growth slowed over the quarter and was lower than a year ago. According to the Federal Reserve’s G.19 Consumer Credit Report, total outstanding U.S. consumer credit reached $5.17 trillion in the second quarter of ...
Affordability Pressures Keep Builder Confidence Low
Affordability Pressures Keep Builder Confidence Low
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Builder sentiment remains muted from economic and geopolitical uncertainty, elevated mortgage rates and rising construction costs. Builder confidence in the market for newly built single-family homes inched up one point ...
Single-Family Permitting Declines Through June in Contrast to Multifamily
Single-Family Permitting Declines Through June in Contrast to Multifamily
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Single-family permitting activity continued to weaken through the first half of 2026, while multifamily permitting remained somewhat stronger compared with the same period last year. Over the first six months ...
Cost of Credit for Builders Up Since the End of 2025
Cost of Credit for Builders Up Since the End of 2025
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Credit conditions on loans for residential Land Acquisition, Development & Construction (AD&C) were still tightening in the second quarter of 2026, according to NAHB’s quarterly survey on AD&C Financing. The ...
Building Material Prices Show Growth In July
Building Material Prices Show Growth In July
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Residential building material prices, excluding energy, rose 0.4% in July and were up 5.0% from a year ago. Energy prices fell again in July but remained significantly higher than a ...
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The homebuyer tax credit program is in the past for the housing industry. But we can begin to take a look back at the impact of the program using Internal Revenue Service data from 2009 to map where the tax credit was claimed by homebuyers. As with the energy...

As we enter into the last week of the 2010 tax filing season, it is a good time to look at some basic statistics concerning how construction firms, including home builders, organize for tax purposes and how much revenue they pay to the federal government. We...

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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