Podcast: NAHB Legal Expert Sheds Light on Next Steps for WOTUS
In the latest episode of NAHB’s Housing Developments podcast, co-hosts CEO Jim Tobin and SVP of Communications Paul Lopez welcome VP of Legal Advocacy Tom Ward to help explain the implications of the recent Supreme Court decision that rescinded key parts of the Biden Administration’s “waters of the U.S.” (WOTUS) rule.
Ward provides insight into the new test to determine whether a wetland can be regulated under the Clean Water Act, after the Supreme Court rejected the previous significant nexus test. Learn more about the impact of the decision.
Listen to Housing Developments wherever you get your podcasts or watch a video of the full episode below.
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The Producer Price Index for final demand was up 0.3% in October, after rising 1.4% in September. Compared to a year ago, final demand prices were up 6.5%.
Credit conditions on loans for residential Land Acquisition, Development & Construction (AD&C) were still tightening in the third quarter of 2026, according to NAHB’s quarterly survey on AD&C Financing. The net easing index derived from the survey posted a third-quarter reading of -15.3 (the negative number indicating net tightening).
After a brief rebound last month, existing home sales plummeted to a 16-year low in October. With mortgage rates back above 7% since mid-September and home prices still elevated, buyers continued to stay on the sidelines.