Record-High Lumber Prices Add $24K to the Price of a New Home

Advocacy

Aug 07, 2025

What to Know about Opportunity Zone Changes in the One Big Beautiful Bill Act

Opportunity Zones were established in the Tax Cuts and Jobs Act of 2017 as a temporary, place-based tax incentive to spur economic investment in distressed communities. Tax benefits for new investments in Qualified Opportunity Zones were set to expire after Dec. 31, 2026.

Economics | Multifamily

Aug 07, 2025

Multifamily Developer Confidence Increases in Second Quarter, Especially for Subsidized Affordable Housing

Confidence in the market for new multifamily housing increased year-over-year in the second quarter, according to the Multifamily Market Survey (MMS) released today by NAHB)The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 46, up two points year-over-year, while the Multifamily Occupancy Index (MOI) had a reading of 82, up one point year-over-year.

Economics

Aug 07, 2025

Multifamily Developer Confidence Increases in Second Quarter

The Multifamily Production Index (MPI) was up two points year-over-year to 46. The Multifamily Occupancy Index (MOI) had a reading of 82, up one point year-over-year.

Economics

Aug 06, 2025

Mortgage Applications Tick Up in July as Rates Ease Slightly

Mortgage application activity picked up in July as interest rates eased modestly. The Mortgage Bankers Association’s (MBA) Market Composite Index, which tracks mortgage application volume, rose 2.4% from June on a seasonally adjusted basis. Compared to July 2024, total applications were up 24.5%.

Economics

Aug 06, 2025

America’s Housing Supply Crisis: Is the Suburban Frontier Closing?

American housing market is facing a persistent shortage. Home prices have reached historic highs and affordability has declined. Normally, in response to higher prices, housing supply would increase. However, new home construction has not kept pace with population growth and household formation, especially following the surge of demand in the wake of the pandemic.