EPA Declares Pre-2015 WOTUS Rule Now in Effect

Advocacy NAHB’s Monthly Update Features Tariff and Economic Updates

Stay informed on the issues shaping the residential construction industry by reviewing the monthly update talking points. The latest edition features messages related to tariffs and the economy.

Environmental Issues | Advocacy Proposed Construction Stormwater Permit Aims to Provide Greater Clarity, Flexibility

The Environmental Protection Agency (EPA) has proposed a new Construction General Permit (CGP) that would replace the current federal permit when it expires in February 2027. Comments are due Sept. 2, and the EPA will hold a webinar Aug. 18 to review the proposed changes.

Economics U.S. Labor Market Softens in July

The U.S. labor market weakened in July, with nonfarm payrolls down 23,000 and downward revisions cutting another 103,000 jobs from May and June.

Economics Multifamily Developer Confidence Weakens in Second Quarter

Confidence in the market for new multifamily housing weakened year-over-year in the second quarter, according to the Multifamily Market Survey (MMS) by the National Association of Home Builders (NAHB). The MMS produces two separate indices.

Economics Mortgage Rates Climb Again as Iran Conflict Re-escalates

Re-escalation of the conflict in Iran pushed mortgage rates higher in July. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.54% in July, up 5 basis points (bps) over June. Since the conflict in the Middle East began, the 30-year mortgage rate has climbed by almost 50 bps.