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Stay up to date with the lates news from the National Association of Home Builders, a resource for home building industry news, product information and educational resources.
  • Residential Construction Inputs Price Growth Slows in 2024
    by Jesse Wade on January 14, 2025

    Prices for inputs to new residential construction—excluding capital investment, labor, and imports—were unchanged in December according to the most recent Producer Price Index (PPI) report published by the U.S. Bureau of Labor Statistics. This index grew 0.8% over 2024, the lowest yearly […]

  • Solid Job Market in December
    by Jing Fu on January 13, 2025

    The U.S. labor market finished 2024 with solid job growth and a decrease in the unemployment rate. In December, wage growth slowed. Wages grew at a 3.9% year-over-year (YOY) growth rate, down 0.3 percentage points from a year ago. Wage growth is outpacing inflation, which typically occurs as […]

  • Residential Construction Loan Volumes Decline Over the Third Quarter
    by Jesse Wade on January 10, 2025

    The total volume of outstanding acquisition, development, and construction (AD&C) loans made by FDIC-insured institutions fell for the third consecutive quarter during the third quarter of 2024 to a volume of $490.7 billion, down from $495.8 billion in the second quarter. Interest rates […]

  • U.S. Population Grows at Highest Rate Since 2001
    by Jesse Wade on January 9, 2025

    According to the U.S. Census Bureau’s latest estimates, the U.S. resident population grew by 3,304,757 to a total population of 340,110,988. The population grew at a rate of 0.98%, the highest rate since 0.99% in 2001. This also marked the third straight increase in the growth rate of the U.S. […]

  • Mortgage Applications Increase Marginally in December
    by Catherine Koh on January 8, 2025

    The Market Composite Index, a measure of mortgage loan application volume from the Mortgage Bankers Association’s (MBA) weekly survey, increase marginally by 2.9% month-over-month on a seasonally adjusted (SA) basis. Compared to December 2023, the index is higher by 10.2%. The Market Composite […]