Last Chance: Sign Letter to Biden Urging Quick Action to Avoid Housing Downturn

Advocacy
Published

This post was updated on April 24.

Don't miss your opportunity to join thousands of members who have signed NAHB’ s letter to the White House urging action to address the issues that threaten to derail the current housing and economic expansion. NAHB will be sending the letter to the White House this week.

“ An important first step to address housing affordability challenges in this current high-inflation environment would be to immediately suspend tariffs on softwood lumber imports from Canada and to move quickly to enter into negotiations with Canada to pursue a new, long-term softwood lumber agreement...And seeking immediate remedies to lumber and building material supply chain bottlenecks will lower construction costs and increase production of badly needed affordable housing,” the letter states.

“ As monetary policy tightens to combat the elevated pace of inflation, regulatory and economic policy should complement these changes by addressing ongoing supply-side economic problems. Keeping housing in the national forefront and addressing these critical housing affordability issues will reduce the risk of recession and help the residential construction industry to lead the economy forward.”

Help demonstrate the power of the NAHB Federation by adding your name as a signatory to the letter.

View the letter and sign your name now.

Subscribe to NAHBNow

Log in or create account to subscribe to notifications of new posts.

Log in to subscribe

Latest from NAHBNow

Trends

Jan 21, 2026

Single-Family Home Size Continues to Decline

The market could see a leveling off of home size trends in 2026 as mortgage interest rates approach 6% on a sustained basis.

Workforce Development

Jan 20, 2026

Plan Early for Summer Internship Season with NAHB Resources

The most effective internship programs don’t come together at the last minute. To help, NAHB offers the Internship Program Development Guide and Appendices to the Internship Program Development Guide.

View all

Latest Economic News

Economics

Jan 20, 2026

New Single-Family Home Size Trends: Third Quarter 2025

New single-family home size has been generally falling since 2015 as a response to declining affordability conditions. An exception occurred when new home size increased in 2021 as interest rates reached historic lows. However, as interest rates increased in 2022 and 2023, and housing affordability worsened, the demand for home size has trended lower.

Economics

Jan 20, 2026

Third Quarter 2025 Multifamily Construction Data

According to NAHB analysis of quarterly Census data, the count of multifamily, for-rent housing starts increased during the third quarter of 2025. For the quarter, 119,000 multifamily residences started construction. Of this total, 114,000 were built-for-rent.

Economics

Jan 19, 2026

Soft Conditions for Single-Family Built-for-Rent

Single-family built-for-rent construction fell back in the third quarter of 2025, as a higher cost of financing and increased multifamily supply crowded out development.