Housing High Mortgage Rates Continue to Hold Back Builder Confidence Mortgage rates that averaged 6.92% in June per Freddie Mac, along with elevated rates for…NAHBJuly 16, 2024
Housing Share of Homes Built on Slabs Surges to 72.4% NAHB analysis of the Survey of Construction (SOC) shows that 72.4% of new single-family homes…NAHBJuly 15, 2024
Housing June Marks Highest Yearly Increase in Building Material Prices Since February 2023 Inputs to residential construction, goods less food and energy, rose 0.19% in the month of…NAHBJuly 12, 2024
Housing Inflation Eases Further in June Both overall and core inflation continued to slow in June, as a decline in gasoline…NAHBJuly 11, 2024
Housing Lot Values Trend Higher Lot values for single-family detached spec homes continued to rise, with national values reaching a…NAHBJuly 10, 2024
Housing Increase in Mortgage Activity for June The Market Composite Index, a measure of mortgage loan application volume by the Mortgage Bankers…NAHBJuly 9, 2024
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