NAHB Now
- Podcast: Housing Data Points to a Good Year for Builders in 2025In the latest episode of NAHB’s podcast, Housing Developments, CEO Jim Tobin and COO Paul Lopez discuss the latest economic data, what to expect in the year ahead and the transition to the Trump administration.
- Help Communities Recover From Natural Disasters This YearNAHB launched a campaign to match donations to the HBIDRF dollar for dollar up to $500,000 total through March 1, 2025, but there’s still time to donate this calendar year and double your impact.
- See the Latest Safety Equipment and Apparel on the IBS Show FloorThe IBS Jobsite Safety Zone is back and bigger than ever for the 2025 International Builders’ Show in Las Vegas, Feb. 25-27.
- Fed Cuts Rate But Signals Slowing Pace of Easing AheadIn a widely anticipated move, the Federal Reserve’s Federal Open Market Committee reduced the short-term federal funds rate by an additional 25 basis points at the conclusion of its December meeting.
- Latest Issue of Building Women Magazine is Available to MembersThe latest edition of Building Women Magazine, available now to NAHB members, introduces 2024 Professional Women in Building (PWB) Chair Luellen Smith. The annual magazine features Smith’s mantra of "Building the Future with PWB" where she discusses prioritizing mentorship and growth including ramping up efforts for local council support and encouraging more women to engage […]
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Eye On Housing
- 2024 Third Quarter State-Level GDP DataReal gross domestic product (GDP) increased in 45 states and the District of Columbia in the third quarter of 2024 compared to the second quarter of 2024 according to the U.S. Bureau of Economic Analysis (BEA). Iowa reported no change during this time. The percent change in real GDP ranged from a 6.9 percent increase...
- Existing Home Sales Increase in NovemberDespite higher mortgage rates and elevated home prices, existing home sales jumped to an 8-month high in November, marking the second month of annual increase in more than three years, according to the National Association of Realtors (NAR). While inventory improves and the Fed continues lowering rates, the market faces headwinds as mortgage rates are...
- Fed Cuts But Signals Slowing Pace of Easing AheadIn a widely anticipated move, the Federal Reserve’s Federal Open Market Committee (FOMC) reduced the short-term federal funds rate by an additional 25 basis points at the conclusion of its December meeting. This policy move reduces the top target rate to 4.5%. However, the Fed’s newly published forward-looking projections also noted a reduction in the...
- Single-Family Starts Posts Solid Gain While Multifamily FaltersOngoing lean levels of single-family existing home inventory helped to boost single-family production in November, while overall housing production fell because of a double-digit percentage drop in multifamily construction. Overall housing starts decreased 1.8% in November to a seasonally adjusted annual rate of 1.29 million units, according to a report from the U.S. Department of...
- Property Taxes Revenue Surpasses $200 BillionState & local tax revenue from property taxes paid reached $203.9 billion in the third quarter of 2024 (seasonally adjusted), according to the Census Bureau’s quarterly summary of state & local tax revenue. This marks a 2.8% increase from the revised $198.3 billion in the second quarter of 2024 and also marks the first quarter where...
