Housing Mixed Employment Data in May Despite high interest rates, job growth accelerated in May, but the unemployment rate increased to…NAHBJune 7, 2024
Housing Mortgage Rates Remained Elevated in May According to Freddie Mac, the average 30-year fixed-rate mortgage increased by 7 basis points (bps)…NAHBJune 7, 2024
Housing House Price Appreciation by State and Metro Area: The First Quarter of 2024 Despite higher mortgage rates, limited resale inventory and strong growth in demand continued to put…NAHBJune 6, 2024
Housing Mortgage Activity Remains Low in May The Market Composite Index, a measure of mortgage loan application volume by Mortgage Bankers Association’s…NAHBJune 5, 2024
Housing Revised JOLTS Data Show Slowing Job Openings Due to tightened monetary policy, the count of open jobs for the economy and construction…NAHBJune 4, 2024
Housing Private Residential Construction Spending Edges Up in April Private residential construction spending rose 0.1% in April, following a 0.4% decline in March. The…NAHBJune 3, 2024
Housing More Gen Z Entering the Construction Industry The median age of construction workers is 42, one year older than a typical worker…NAHBJune 3, 2024
Housing Residential Construction AD&C Lending Declines The volume of total outstanding acquisition, development and construction (AD&C) loans posted an additional decline…NAHBMay 31, 2024
Housing Multifamily Absorption Rates Fall to Decade Low as Completions Remain Elevated The Census Bureau’s latest release of the Survey of Market Absorption of New Multifamily Units…NAHBMay 30, 2024
Housing Home Building Employment across States and Congressional Districts in 2022 According to the latest 2022 ACS, 11.2 million people, including self-employed workers, worked in construction…NAHBMay 30, 2024