NAHB analysis of the Survey of Construction (SOC) shows that 65% of all new single-family started in 2020 were built on slab foundations, followed by 22% with a full/partial basement and 12% with a crawl space. The gap between slab and full/partial basement foundation adoption rates is growing: the share of new homes built on slabs steadily increased from 46.0%… Read More ›

In the second quarter of 2021, interest rates on three of the four categories of loans tracked in NAHB’s Survey on Acquisition, Development & Construction (AD&C) Financing continued the downward trend that has prevailed since the third quarter of last year.  The average effective rate (based on  rate of return to the lender over the assumed life of the loan… Read More ›

The Census Bureau’s Survey of Construction (SOC) provides valuable information on the characteristics of new homes started construction, such as air conditioning and heating system installations. Air Conditioning In 2020, 95.4 percent of new single-family homes started had a central AC system, slightly higher than 95.0 percent in 2019. The trend, going back to 2000, shows a steady rise in the share… Read More ›