Podcast: Has the Housing Upturn Begun?
In the latest episode of the Housing Developments podcast, NAHB CEO Jim Tobin and SVP Paul Lopez discuss two positive economic indices released this week: housing starts had a huge jump in May and builder confidence is in positive territory for the first time in 11 months. The co-hosts discuss the reality that these developments represent, including what this means for the inflationary environment in advance of Federal Reserve Chairman Jerome Powell’s testimony on Capitol Hill.
Listen to Housing Developments wherever you get your podcasts, or watch a video of the full episode below.
Editor’s note: Find more in-depth analyses on starts and builder sentiment data on NAHB’s economics blog, Eye on Housing.
Latest from NAHBNow
According to NAHB’s Remodeling Market Index, nearly a quarter of remodelers started an ADU project over the past twelve months; 24% indicated that they were building an addition for use as an ADU and 23% indicated that they were converting an existing space into an ADU.
The NAHB International Builders’ Show® (IBS) always features leading experts and luminaries from the housing and real estate industry. The sheer size of the event also attracts talent from other walks of life.
Latest Economic News
Private residential construction spending decreased in September 2026 driven by a steep decline in improvement (remodeling) spending. According to the latest construction spending data from the U.S. Census Bureau, private residential construction spending came in at a seasonally adjusted annual rate (SAAR) of $848.8 billion in September, down 5.5% from the revised August estimates and lower by 8.9% from last year.
Interior finishes (drywall, interior doors, painting, cabinets, countertops, plumbing fixtures, flooring, etc.) take more time to complete—6.4 weeks, on average—than any other major stage of single-family construction, according to results from the latest NAHB/Well Fargo Housing Market Index (HMI) survey.
Private fixed investment in student dormitories rose 2.6% in the third quarter of 2026, reaching a seasonally adjusted annual rate (SAAR) of $3.8 billion. This gain marked a second consecutive quarterly increase, despite continued pressures from elevated interest rates. On a year-over-year basis, investments in dorms increased 1.1%.