NAHB Now
- Persistence and NAHB Support Deliver Victory in Michigan Permit Fee CaseFor more than 15 years, the Home Builders Association of Michigan (HBAM) has been battling the city of Troy, Mich., in court over the city’s shift to a privatized permit fee process. The case was finally decided in HBAM’s favor.
- Widespread U.S. Housing Ballot Wins; Two Key NAHB-Backed DefeatsAlthough housing ballot measures fared well nationwide in the midterm elections, two NAHB-backed initiatives were defeated: one to streamline environmental reviews in California and another to address minimum lot sizes for single-family homes in Massachusetts.
- New Priced-Out Calculator Brings Local Housing Affordability Into FocusWhat does a change in mortgage rates or home prices mean for prospective home buyers in your market? NAHB’s new Priced-Out Housing Calculator helps answer that question.
- Which Stage of Construction Takes the Most Time When Building a Single-Family Home?According to the latest NAHB/Well Fargo Housing Market Index (HMI) survey results, interior finishes (drywall, interior doors, painting, cabinets, countertops, plumbing fixtures, flooring, etc.) take an average of 6.4 weeks to complete, longer than any other major stage of single-family construction.
- NAHB Mourns the Passing of Nicolas “Nick” P. RetsinasNicolas “Nick” P. Retsinas, a leader in local and national housing policy and advocacy, passed away last week at the age of 79.
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Eye On Housing
- Household Debt Delinquencies Rise as Mortgage Performance WeakensHousehold debt delinquency rates increased in the third quarter of 2026 as the share of delinquent balances and the transition to seriously delinquent debt increased. According to the latest Quarterly Report on Household Debt and Credit from the Federal Reserve Bank of New York, about 5.0% of outstanding household debt balances were in some stage […]
- Consumer Credit Growth Picks Up in the Third Quarter of 2026 Consumer credit growth accelerated in the third quarter of 2026, with both revolving and nonrevolving credit increasing at their fastest quarterly rates since 2022. Total outstanding consumer credit reached $5.22 trillion, continuing an upward trend that has strengthened over the past year. The acceleration comes amid elevated borrowing costs, although interest rates on both auto […]
- Inflation Persists in OctoberInflation remained elevated in October even as energy prices eased, raising expectations of another Fed rate hike. Shelter returned as the largest driver of headline inflation, accounting for over 30% of the monthly increase. Core inflation, which excludes volatile food and energy components, rose by 0.3% for the third consecutive month, suggesting broad-based price pressures […]
- Residential Building Worker Wage Growth Rebounds, but Real Wages Continue to DeclineWage growth for residential building workers showed signs of a modest rebound in September 2026 following a sharp slowdown earlier in the year. According to the latest data from the U.S. Bureau of Labor Statistics, nominal wage growth picked up from its June pace, although it remained relatively modest. After adjusting for inflation, real wages […]
- Remodeling Activity Holds Flat in Second Quarter Amid Housing SlowdownThe National Association of Home Builders (NAHB) has released its State Projections of Remodeling (SPR) for the second quarter of 2026. As a reminder, the SPR provides on a quarterly basis a state-level estimation of the market share and total dollar value of remodeling spending. The SPR is a statistical model designed to use national […]
