Video: NAHB Chairman Addresses Economy and Looming Recession
In the August Chairman’s Update video, Chairman Jerry Konter reports on the latest NAHB/Wells Fargo Housing Market Index (HMI) numbers and the current state of the economy. To learn more about what to expect from the economy in the coming months, visit eyeonhousing.org or nahb.org.
Latest from NAHBNow
Economics
Sep 05, 2025
Mortgage Rates Hit 10-Month Low in AugustAverage mortgage rates in August continued their steady decline and are now at their lowest rate since last November. But rates are still higher year over year.
Economics | Land Development
Sep 04, 2025
Home Building Lot Shortage ContinuesAlthough lot shortages are not quite as widespread as they were in 2021, obtaining lots remains a challenge for many home builders, according to recent results from the NAHB/Wells Fargo Housing Market Index (HMI) survey.
Latest Economic News
Economics
Sep 05, 2025
Job Growth Slowed in AugustJob growth slowed sharply in August, and the unemployment rate rose to its highest level in nearly four years.
Economics
Sep 04, 2025
Lots Still in Relatively Short SupplyAlthough shortages are not quite as widespread as they were in 2021, obtaining lots remains a challenge for many builders, according to recent results from the NAHB/Wells Fargo Housing Market Index (HMI) survey.
Economics
Sep 04, 2025
HVAC in New Construction in 2024Almost all of new single-family homes started in 2024 used either an air/ground source heat pump or a forced air system for the primary heating equipment (97%), according to the Census’s Survey of Construction. Additionally, 20% percent of homes also used a secondary type of heating equipment.