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- Slight Decline in Rates Helps New Home Sales to Edge Higher in FebruarySales of newly built, single-family homes in February increased 1.8% to a 676,000 seasonally adjusted annual rate from a revised January number, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The pace of new home sales in February was up 5.1% compared to a […]
- NAHB Invests $90K to Help State and Local HBA Advocacy EffortsDuring the 2025 International Builders' Show in Las Vegas, the NAHB State and Local Government Affairs Committee approved $90,000 through the State and Local Issues Fund (SLIF).
- Home Innovation Research Lab Reaches 600,000-Home Milestone in NGBS Certification ProgramNGBS provides home builders with a national standard to define and measure sustainable multifamily and single-family homes, developments and remodeling projects. It is administered by the Home Innovation Research Lab and can offer consumers a level of confidence they are purchasing an independently verified green home.
- Nearly 60% of U.S. Households Unable to Afford a $300K HomeNAHB has updated its housing affordability graph for 2025, and the latest data show that 76.4 million households, 57% out of a total of 134.3 million, are unable to afford a $300,000 home.
- Cost and Tariff Uncertainty Weighs on MarketsEquity markets are in correction territory as investors react to a flurry of public finance proposals, including the largest proposed tariff hikes since World War II. However, improved clarity is on the way. NAHB Chief Economist Robert Dietz provides additional analysis.
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Eye On Housing
- Slight Decline in Rates Helps New Home Sales to Edge Higher in FebruaryA slight decline in mortgage rates and limited existing inventory helped new home sales to edge higher in February even as housing affordability challenges continue to act as a strong headwind on the market. Sales of newly built, single-family homes in February increased 1.8% to a 676,000 seasonally adjusted annual rate from a revised January...
- Lower Mortgage Rates, Better AffordabilityAs housing affordability remains a critical challenge across the country, mortgage rates continue to play a central role in shaping homebuying power. Mortgage rates stayed elevated throughout 2023 and early 2024. Recent data, however, shows a modest decline in mortgage rates. Even slight declines can have a significant impact on housing affordability, pricing more households...
- People Not in the Labor ForceAccording to the U.S. Bureau of Labor Statistics (BLS), people who are neither working nor looking for work are counted as “not in the labor force”. Understanding the size and characteristics of individuals not in the labor force is crucial for a comprehensive assessment of the job market and overall economic health, as it provides...
- Volume of Residential Construction Loans Falls in Q4 2024Higher interest rates and tight financial lending conditions have led to a decline in loans for new home construction. The total volume of acquisition, development, and construction (AD&C) loans outstanding from FDIC-insured institutions fell 1.02% to $490.7 billion, the third straight quarterly decline. The level of 1-4 residential construction loans, which include loans for the...
- Existing Home Sales Increased in FebruaryExisting home sales in February increased to the second highest level since March 2024, according to the National Association of Realtors (NAR). This rebound suggests buyers are slowly entering the market as inventory improves and mortgage rates decline from recent high in January. Despite rates easing, economic uncertainty may continue to constrain buyer activity. While...
