Housing High Mortgage Rates Act as a Drag on Builder Confidence Mortgage rates that continue to hover in the 7% range along with elevated construction financing…NAHBJune 19, 2024
Housing U.S. Households Real Estate Asset Value Rises to Start 2024 The market value of household real estate assets rose from $44.90 trillion to $45.84 trillion…NAHBJune 18, 2024
Housing Single-Family Permits Holding Steady in April 2024 Over the first four months of 2024, the total number of single-family permits issued year-to-date…NAHBJune 18, 2024
Housing Hispanics Comprise 31% of the Construction Workforce Diversifying the construction labor force is a key strategic goal given the ongoing skilled labor…NAHBJune 17, 2024
Housing NAHB Builders Report 22% All-Cash Sales in 2024 Up to this point in 2024, the median builder has sold 22% of its homes…NAHBJune 14, 2024
Housing Residential Building Material Prices Remain Relatively Unchanged in May Inputs to residential construction, goods less food and energy, fell 0.09% over the month according…NAHBJune 13, 2024
Housing Fed Holds Rates Constant; Sees One Cut for 2024 The Federal Reserve’s monetary policy committee held constant the federal funds rate at a top…NAHBJune 12, 2024
Housing Inflation Moderates Despite Persistent Housing Cost Growth Both overall and core inflation continued to ease in May as decline in gasoline price…NAHBJune 12, 2024
Housing Slower Gains for Consumer Credit Total outstanding US debt stood at $5.05 trillion for the first quarter of 2024, increasing…NAHBJune 11, 2024
Housing Texas, California, and Florida Lead in Hiring Female Construction Workers In 2022, around 1.29 million women worked in construction in the United States, accounting for…NAHBJune 10, 2024