…constructed specifically for rental purposes, which typically takes longer building time from authorization. In contrast, homes ranging from 1,200 to 3,999 sq. ft. are built at the average building time,…
Every year since 2008, the NAHB has conducted a member census in order to better understand the composition and characteristics of the people who belong to its organization. Similar to…
…the housing market remains “weak,” consistent with recent data for the home building sector. He also noted that “housing was at the center monetary policy.” Powell once again noted that…
…This was the lowest reading since July of 2024 for single-family home building. The multifamily sector, which includes apartment buildings and condos, decreased 11.7% to an annualized 417,000 pace. While…
Inflation accelerated to a seven month high in August as tariff-related costs continued to pass through to consumers, according to the Bureau of Labor Statistics’ (BLS) latest report. Core goods…
In 2024, 65% of newly completed single-family homes featured two-car garages, according to NAHB’s analysis of the Census’s Survey of Construction data. The share of new homes with three or…
Price growth for residential building materials rose for the fourth straight month in August, reaching its highest level since January 2023. Across domestic inputs goods and services into residential construction,…
