Congress Averts Government Shutdown
The Senate and House yesterday approved a stopgap spending bill that will avert an impending government shutdown by funding every federal government agency at current levels through Feb. 18, 2022. President Biden is expected to sign the measure into law later this evening. Absent congressional action, the government would have faced a shutdown at midnight tonight.
Of note to the housing community, the legislation will keep the National Flood Insurance Program (NFIP) funded through Feb. 18, 2022. NAHB continues to work with Congress to achieve a long-term reauthorization of the NFIP that will keep the program fiscally sound and let builders provide safe and affordable housing.
Latest from NAHBNow
Membership | Leadership Meetings
Jan 14, 2026
Applications for 2026 Leadership Grants and Scholarships Now OpenNAHB is invested in professional development opportunities for its members and providing exposure to NAHB leadership meetings to help foster future leaders for the home building industry. Applications are now open for select leadership grants and scholarships for qualified members to capitalize on these opportunities.
Advocacy | Economics | IBS
Jan 13, 2026
Podcast: Home Builders and Buyers Unsettled as 2026 BeginsOn the latest episode of NAHB’s podcast, Housing Developments, CEO Jim Tobin and COO Paul Lopez kick off the first podcast of 2026 looking at the state of housing, the political environment heading into a midterm year, and how builders and buyers are attempting to navigate the current market.
Latest Economic News
Economics
Jan 14, 2026
Building Material Price Growth Remains Elevated in NovemberResidential building material prices continued to experience elevated growth, according to the latest Producer Price Index release from the Bureau of Labor Statistics. Price growth has been above 3.0% since June this year, despite continued weakness in the new residential construction market.
Economics
Jan 13, 2026
New Home Sales Rise Year-Over-Year as Prices StabilizeThe new home sector has played an increasingly important role in meeting housing demand as resale inventory remains constrained in many regions. The latest data released today (and delayed because of the government shutdown in fall of 2025) indicate that new single-family home sales continue to reflect a stabilizing market after a period of heightened volatility.
Economics
Jan 13, 2026
Inflation Steady in DecemberInflation held steady in December, matching November’s reading, according to the Bureau of Labor Statistics (BLS) latest report. This December report was the first report to include a month-to-month figure since the government shutdown.