Housing Single-Family Starts Fall to Two-Year Low on Higher Construction Costs and Interest Rates Increased interest rates, building material supply chain bottlenecks and elevated construction costs continue to put…NAHBJuly 19, 2022
Housing Lumber Price Decline, Record-Setting Volatility Highlight June PPI Report The prices of goods used in residential construction climbed 1.5% in June (not seasonally adjusted)…NAHBJuly 18, 2022
Housing Builder Confidence Plunges as Affordability Woes Mount Builder confidence plunged in July as high inflation and increased interest rates stalled the housing…NAHBJuly 18, 2022
Housing Slowdown in Single-Family Permits in May 2022 Over the first five months of 2022, the total number of single-family permits issued year-to-date…NAHBJuly 15, 2022
Housing Since Pandemic Onset, Lumber Products Have Added $14K to House Price, $51 to Rent Since the relatively low point at the onset of the pandemic on April 17, 2020,…NAHBJuly 14, 2022
Housing Remodeling Market Declines Year-over-Year The NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter of 2022 posted a…NAHBJuly 14, 2022
Housing June Inflation Reading the Highest since 1981 Consumer prices reached a new 40-year high in June as shelter, energy and food prices…NAHBJuly 13, 2022
Housing Share of Two or More Stories New Homes Increased in 2021 Information obtained from the US Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB,…NAHBJuly 12, 2022
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