NAHB Now
- 9 NHE Grants Boost Residential Construction VisibilityThe National Housing Endowment (NHE), NAHB's philanthropic arm, created its Homebuilding Education Leadership Program (HELP) to increase the number of qualified graduates entering the home building industry. Since 2009, HELP has invested more than $6.2 million in grants to 60 colleges and universities.
- Iran War Adds to Economic HeadwindsA multidimensional supply shock is weakening the U.S. economy, fueled by the delayed effects of the 2025 trade wars and tariffs, elevated oil prices, and persistent policy uncertainty. NAHB Chief Economist Dr. Robert Dietz provides a high-level summary of key economic markers.
- HBAs Celebrated for Member Growth and Retention with Grand AwardsThe latest Grand Awards winners include 22 local associations and 10 state associations.
- NAHB Mourns the Passing of Former Wichita Area BA President and CEO Wess GalyonWesley “Wess” Galyon, who served as president and CEO of the Wichita Area Builders Association for forty years, passed away.
- Builder Sentiment Posts Notable Decline on Economic UncertaintyBuilder confidence in the market for newly built single-family homes fell four points to 34 in April, according to the NAHB/Wells Fargo Housing Market Index (HMI) released today. This is the lowest level since September 2025.
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Eye On Housing
- Count of Second Homes Declines in 2024In 2024, the number of second homes in the U.S. was 6.2 million, accounting for 4.3% of the nation’s housing stock, according to NAHB estimates. This reflects a modest decline from 2022, when the number reached 6.5 million. This decline suggests some cooling following the pandemic-era surge in second home demand. Despite the recent decline, […]
- Young Adults Report More Interest in the Construction Trades: 2026 SurveyNAHB estimates the U.S. has a structural housing deficit of 1.2 million units. Among the myriad of headwinds home builders face trying to close that gap is the industry’s chronic shortage of workers in the construction trades. This shortage is responsible for an approximate $11 billion per year impact in terms of higher cost and […]
- Builder Sentiment Posts Notable Decline on Economic UncertaintyEconomic uncertainty coupled with rising building material costs and interest rates resulted in a sharp decline in builder sentiment in April as the housing market enters into the heart of the spring buying season. Builder confidence in the market for newly built single-family homes fell four points to 34 in April, according to the National […]
- Higher Energy Prices Increase Residential Construction CostsEnergy input prices increased in March at their fastest pace since June of 2020 as the conflict in Iran shocked critical global supply chains. Building material prices, excluding energy, rose for the eleventh straight month. Price growth for trade services slowed while transportation and warehousing price growth accelerated. The Producer Price Index for final […]
- Single-Family Permits Decline Sharply to Start 2026Residential construction activity began 2026 on a mixed note, with single-family permitting weakening significantly while multifamily activity remained relatively stable. Higher borrowing costs and affordability constraints continue to weigh on single-family construction, while multifamily permitting shows signs of resilience despite regional variation. Over the first month of the year, the number of single-family permits issued […]
