Podcast: Is a Recession Coming?
On the latest episode of Housing Developments, NAHB Chief Lobbyist Jim Tobin welcomes guest host Paul Lopez, SVP for Public Affairs and Communications, and Chief Economist Robert Dietz to the show to discuss whether a recession is on its way and the implications of an economic slowdown. Tune in to hear a report from Dr. Dietz.
Download Dr. Dietz's Presentation
And don’t forget to subscribe to the show wherever you find podcasts to be the first to know when a new episode is released.
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May 08, 2025
Multifamily Developer Confidence Falls in First QuarterConfidence in the market for new multifamily housing declined year-over-year in the first 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 44, down three points year-over-year, while the Multifamily Occupancy Index (MOI) had a reading of 82, down one point year-over-year.
May 07, 2025
Energy Star Transition and Its Effect on NAHB MembersSeveral recent media reports suggest that the Energy Star program, a proven private-public partnership administered by the Environmental Protection Agency (EPA), is going through a possible transition period that could lead to its elimination.
Latest Economic News
May 06, 2025
Mortgage Activity Levels Off in April as Rates IncreaseMortgage loan applications saw little change in April, as refinancing activity decreased. The Market Composite Index, which measures mortgage loan application volume based on the Mortgage Bankers Association (MBA) weekly survey, experienced a 0.4% month-over month increase on a seasonally adjusted (SA) basis. However, year-over-year, the index is up 29.3% compared to April 2024.
May 06, 2025
Prices for New Homes Continue to Drop as Existing RisesThe median price for a new single-family home sold in the first quarter of 2025 was $416,900, a mere $14,600 above the existing home sale price of $402,300, according to U.S. Census Bureau and National Association of Realtors data (not seasonally adjusted – NSA).
May 05, 2025
Student Housing Construction Investment Rises in the First Quarter of 2025Private fixed investment in student dormitories increased by 2.3% in the first quarter of 2025, reaching a seasonally adjusted annual rate (SAAR) of $4.04 billion. This gain followed a 1.0% increase in the previous quarter. However, private fixed investment in dorms was 2% lower than a year ago, as elevated interest rates place a damper on student housing construction.