The Impact of Today’s Home Building Challenges on Homeownership
This post has been updated.
NAHB Chairman Jerry Konter joined thought leaders from across the housing industry to discuss critical challenges facing housing and homeownership as part of the “Catalysts for Change: Reducing the Racial Homeownership Gap” event co-hosted by the Urban Institute and the National Housing Conference.
Panels at the event included discussions of vertical and horizontal alignment of federal programs and resources, and best practices for closing the homeownership gap from local stakeholders. Konter participated in a component that focused specifically on federal interventions in homeownership disparities, and used the opportunity to highlight key factors keeping homeownership out of reach for many, including continuing challenges with supply-chain constraints and material prices, lack of labor to build more homes and overregulation.
“Government regulations and impact fees add roughly 24% to the cost of a typical new home. That has a huge impact on affordability,” Konter stated. “Home builders support the intent of most regulations — such as a clean environment, safe working conditions, and desirable and resilient communities. But we desperately need lawmakers and regulators to understand that when you overlap thousands of regulations at the local, state and federal levels, that slows production and drives up costs.”
Konter also reiterated NAHB's interest in removing tariffs on Canadian lumber, after expressing extreme disappointment last week for the Biden administration's inaction on this issue.
“It is particularly important to end tariffs on Canadian lumber shipments into the U.S. that are further fueling lumber price volatility and acting as a tax on American home buyers,” he noted, adding that an increase of domestic timber harvesting would also be beneficial.
Fellow panelists included Daniel Hornung, Special Assistant for Economic Policy to President Biden; Luis C. Padilla, president of the National Association of Hispanic Real Estate Professionals; Lisa Rice, president and CEO of the National Fair Housing Alliance; and Vanessa Perry, a professor at the George Washington University School of Business and non-resident fellow at the Urban Institute’s Housing Finance Policy Center.
Learn more about housing affordability challenges on nahb.org.
Watch the event in full below.
Latest from NAHBNow
Feb 13, 2026
Existing Home Sales in January Plunged to Lowest Level Since 2024Existing home sales in January fell to lowest level since August 2024 as tight inventory continued to push home prices higher and winter weather weighed on sales activity.
Feb 12, 2026
The Biggest Challenges Expected by Home Builders in 2026According to the latest NAHB/Wells Fargo Housing Market Index, 84% of home builders felt the most significant challenge builders faced in 2025 was high interest rates and 65% anticipate interest rates will remain a problem in 2026.
Latest Economic News
Feb 13, 2026
Inflation Eased in JanuaryInflation eased to an eight-month low in January, confirming a continued downward trend. Though most Consumer Price Index (CPI) components have resolved shutdown-related distortions from last fall, the shelter index will remain affected through April due to the imputation method used for housing costs. The shelter index is likely to show larger increases in the coming months.
Feb 12, 2026
Existing Home Sales Retreat Amid Low InventoryExisting home sales fell in January to a more than two-year low after December’s strong rebound, as tight inventory continued to push home prices higher and winter storms weighed on activity. Despite mortgage rates trending lower and wage growth outpacing price gains, limited resale supply kept many buyers on the sidelines.
Feb 12, 2026
Residential Building Worker Wages Slow in 2025 Amid Cooling Housing ActivityWage growth for residential building workers moderated notably in 2025, reflecting a broader cooling in housing activity and construction labor demand. According to the latest data from the U.S. Bureau of Labor Statistics (BLS), both nominal and real wages remained modest during the fourth quarter, signaling a shift from the rapid post-pandemic expansion to a slower-growth phase.