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Housing Economics

NAHB provides in-depth economic analysis of the most significant issues and latest trends driving the housing industry.

High Mortgage Rates Hold Back Builder Sentiment

Pensive builder

Builder confidence in the new single-family homes market dropped again in July. The NAHB/Wells Fargo Housing Market Index fell to its lowest level since December 2023, as builders and buyers eagerly wait for the Federal Reserve to cut rates.

Data at a Glance

Framing Lumber Prices

Fluctuations in the costs of building materials, particularly those of framing lumber, contribute significantly to home prices and housing affordability levels.

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