​NAHB Announcements

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.
  • Home Price Growth Slows in March
    by Onnah Dereski on May 28, 2024

    The S&P CoreLogic Case-Shiller U.S. National Home Price Index (HPI) increased at a seasonally adjusted annual rate of 3.65% for March.  This was following an adjusted 6.42% rate gain for February. On a year-over-year basis, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index […]

  • Preference for New Homes Keeps Rising 
    by Rose Quint on May 24, 2024

    The desirability of new homes continues to grow. Faced with the alternative of choosing between an existing home and a newly built home, 61% of home buyers in a recent NAHB study* indicated a new home is their first preference. That marks the highest share of buyers leaning toward a new home since […]

  • Mortgage Rates Higher in April
    by Catherine Koh on May 24, 2024

    Mortgage rates have increased on a monthly basis, according to data from Freddie Mac. As of end of April 2024, the 30-year FRM – Commitment rate, increased by 17 basis points (bps) to 6.99 percent from 6.82 percent in March. This was a 35 bps increase from the beginning of the year (6.64 […]

  • New Home Sales in April Down on Higher Mortgage Rates
    by Danushka Nanayakkara-Skillington on May 23, 2024

    Mortgage rates that averaged above 7% since mid-April per Freddie Mac data acted as a drag on new home sales last month. Sales of newly built, single-family homes in April fell 4.7% to a 634,000 seasonally adjusted annual rate from a downwardly revised reading in March, according to newly released […]

  • NAHB/Wells Fargo Debut New Cost of Housing Index
    by Rose Quint on May 23, 2024

    A new quarterly Cost of Housing Index (CHI) highlights the burden that housing costs represent for middle and low-income families. In its inaugural release for the first quarter of 2024, CHI revealed that a typical family in the U.S. must spend 38% of its income to cover the mortgage payment on a […]