In the third quarter of 2026, the NAHB Remodeling Market Index (RMI) posted a reading of 62, up one point compared to the previous quarter. The RMI has remained within a narrow band between 59 and 70 ...
Mortgage rates rose sharply in September as multiple factors applied significant upward pressure on the U.S. treasury yields. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.86% ...
Market activity continued to slow as the average contract rate for a 30-year fixed-rate mortgage rose significantly in September. The mortgage rate jumped 28 basis points (bps) to 7.1% and was 64 bps ...
A previous post examined the median age of the overall construction workforce and how it compares with workers in all industries. This analysis takes a closer look at workers in construction trades, ...
The benefits of homeownership also extend beyond individual households. Because homeowners have a financial stake in their properties and tend to have longer-term ties to their neighborhoods, ...
The goods component has a larger importance to the inputs to residential construction price index, representing around 60% of the total. On a monthly basis, the price of input goods to new residential ...
Higher energy prices pushed inflation to a four-month high in September, keeping pressure on the Fed as inflation has remained above its 2% target for more than five years. Gasoline prices remained ...
The share of new single-family homes built with individual wells and septic systems increased in 2025 compared to the previous year. According to NAHB’s analysis of the Census Bureau’s Survey of ...
Labor shortages in the home building industry are becoming more widespread, according to recent results from the NAHB/Well Fargo Housing Market Index (HMI) survey. The September 2026 HMI survey asked ...
Over the first eight months of the year, the number of single-family permits issued nationwide reached 620,558. Compared with the same period in 2025, this represents a 2.6% decline from the August ...
Existing home sales rose after three months of declines as improved inventory gave buyers more negotiating power. As buyers wait for rate relief, homes are sitting on the market longer and for-sale ...
The median age of construction industry workers varies across states. The color coding in the map above tracks the median age of people working in the construction industry. The state with the oldest ...