Housing Share of Smaller Lots Is at New High Close to two thirds (65%) of new single-family detached homes sold in 2023 were built…NAHBJuly 9, 2024
Housing 2023 Multifamily Construction: Growing Share of Low-Medium Density Buildings Reaching the highest level of multifamily completions since 1987, 450,000 multifamily units were completed in…NAHBJuly 8, 2024
Housing Housing Affordability Challenges Leads to Frustrated Buyer Price Expectations There is a mismatch between the prices of homes being built, and the prices home…NAHBJuly 5, 2024
Housing Share of One-Story New Homes Increased in 2023 The rising trend of two or more stories homes reversed in 2023, according to data…NAHBJuly 3, 2024
Housing Stabilizing Construction Job Openings After Shift Lower Due to tightened monetary policy, the count of open construction sector jobs shifted lower in…NAHBJuly 2, 2024
Housing Private Residential Construction Spending Dips in May Private residential construction spending was down 0.2% in May after surging 0.9% in the prior…NAHBJuly 1, 2024
Housing 2024 First Quarter State-Level GDP Data Real gross domestic product (GDP) increased in 39 states and the District of Columbia in…NAHBJune 28, 2024
Housing Mortgage Rates Declined in June but Remain High According to Freddie Mac, the average 30-year fixed-rate mortgage decreased by 14 basis points (bps)…NAHBJune 28, 2024
Housing CBO Boosts Deficit Estimate By 27% The budget deficit in 2024 is expected to total $1.9 trillion, according to the Congressional…NAHBJune 28, 2024
Housing Considering Housing Inventory: Why Both New and Existing Supply Matters Total (new and existing) home inventory is an important measure for gauging and forecasting home…NAHBJune 27, 2024