Housing's Economic Impact

Housing impacts local economies. See estimates of the jobs, income, and taxes generated from typical single family and multifamily housing projects -- reports that can be customized for your area. Also, view other useful and interesting information that has been compiled by NAHB's Housing Policy Department.

Economic Impact
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The Construction Forecast Webinar provides analysis from economics experts on the short- and long-term outlook for the housing market.
10/2/2013
Conference
Table of Contents Table 1 Housing contributes to GDP in two basic ways: through private residential investment and consumption spending on housing services. Historically, residential investment has averaged roughly 5% of GDP while housing services have avera
4/26/2013
Web page
NAHB's Model for the Local Impact of Home Building   NAHB produces local impact of home building studies that analyze new single-family and/or multifamily construction in a specific project, county, metropolitan area (MSA), or state. (Note: due to the comprehensive nature of the NAHB model, …
1/28/2013
Form
This section provides a downloadable Excel-based tool that finds the highest priced home a prospective buyer can afford to buy in one step given the prospective buyer’s income, the mortgage loan interest rate, and other basic attributes of a fixed rate mortgage loan.
4/10/2012
Web page
A fact sheet on the positive financial impact new home construction has on the economy, from job creation to generating tax revenue that helps pay for services such as teachers and road maintenance.
3/14/2012
PDF
This report discusses the number of U.S. households potentially affected when house prices or interest rates change.
2/1/2012
Web page
The apartment rent estimator is a model that NAHB has developed to estimate the average gross rent for an apartment in a building with five or more housing units.
12/7/2011
Web page
The house price estimator is based on a model NAHB has developed to estimate the average price of a home with various features in different parts of the country.
9/21/2011
Web page
NAHB has developed models to estimate the economic impact of home building.
3/19/2010
Web page
This article estimates the direct economic impacts of new residential construction and remodeling at the national level, which includes the number of jobs and income created, as well as the amount of government revenue generated.
9/14/2009
External Link
This article presents new estimates showing the contraction in residential investment by state.
8/1/2008
External Link
  

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