Protect Your Business with Updated Contracts from NAHB
To help residential construction business owners protect their organizations, NAHB offers 27 contracts written specifically for home builders and remodelers that cover a wide range of construction industry activities.
NAHB Contracts has long been a go-to resource for home builders looking to save time and money in the development of their critical contracts. Now is the perfect time to explore NAHB Contracts because many were recently updated to reflect key changes in the market.
Nearly all the contracts have been significantly modified to expressly address the potential impacts from pandemics and epidemics. New language also gives contract parties the flexibility to amend the time for performance due to labor and material shortages.
Another notable update includes a substantially revised “New Home Plans & Specifications” document with almost 40 categories that allow for more detail such as listing the products to be used by brand and model, special installation requirements, finishes, sizes, dimensions, and more.
NAHB Contracts are divided into five broad categories covering most legal agreements in residential construction:
- Construction Contracts
- Sales Contracts — Completed Dwellings
- Contract Exhibits — Additional Terms (which include contracts for change orders)
- Remodeling Contracts
- Subcontracts
Check out NAHB Contracts today to get updated legal documents that will protect your business and help you get back to building and remodeling homes. NAHB members received discounted pricing on the contracts.
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Economics
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Median Lot Value Stabilizes as Regional Trends DivergeFollowing a multi-year run of record highs, the national median lot value for single-family detached spec homes largely stabilized in 2025. According to NAHB’s analysis of the Census Bureau’s Survey of Construction (SOC), the U.S. median lot value for homes started in 2025 was $59,000, compared with $60,000 a year earlier.
Economics
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Share of Apartments Built in Buildings with 50+ Units Moves Higher in 2025Following the highest number of multifamily completions in nearly 40 years in 2024, completions declined in 2025 to 484,000, according to NAHB analysis of the Census Bureau’s Survey of Construction. For the ninth consecutive year, a majority of new multifamily units were in buildings with 50 or more units (labeled as high-density buildings) at 57%, the highest share since 2021.