Housing Residential Building Worker Wages Continue to Rise Amid Uncertainty Average hourly earnings for residential building workers* continue to rise in May as the construction…NAHBJuly 11, 2022
Housing Solid Job Gains in June Despite interest rate hikes, job growth remained solid in June. Total nonfarm payroll employment increased…NAHBJuly 8, 2022
Housing Slightly Longer Time to Build Apartments in 2021 The average length of time to complete construction of a multifamily building, after obtaining authorization,…NAHBJuly 7, 2022
Housing Higher Rates Reduce Mortgage Demand Per the Mortgage Bankers Association’s (MBA) survey through the week ending July 1, total mortgage…NAHBJuly 6, 2022
Housing Construction Job Openings Leveling Off The construction labor market remains tight, but the total number of open construction sector jobs…NAHBJuly 6, 2022
Housing Hispanics Comprise 61% of the Construction Workforce in Texas The earlier June post highlighted the rising number and share of Hispanics in the construction…NAHBJuly 5, 2022
Housing Private Residential Spending Inches Up in May NAHB analysis of the Census Construction Spending data shows that private residential construction spending stood…NAHBJuly 1, 2022
Housing State-Level GDP in the First Quarter of 2022 Real gross domestic product (GDP) decreased in 46 states and the District of Columbia in the…NAHBJune 30, 2022
Housing Top 10 Builder Share Reaches Highest Percentage in 2021 The top 10 builders captured 34.2% of new single-family home closings in 2021, the highest…NAHBJune 29, 2022
Housing Consumer Confidence Fall to 16-Month Low Amid Inflation Concerns Consumer confidence dropped again in June as inflation stayed at decades high and continued to…NAHBJune 28, 2022