Podcast: Jobs and Wages Make Headlines
On the latest episode of Housing Developments, CEO Jim Tobin and SVP Paul Lopez discuss joint legislative activation by NAHB and the Home Builders Institute on the Job Corps defunding issue. Tobin and Lopez also address the Department of Labor’s proposed overtime rule, which could affect more than 3.6 million salaried workers and thousands of businesses, and other congressional activity heading into fall, including the impending vote on a continuing resolution to keep the government funded.
Listen to Housing Developments through your favorite podcast app, or watch this episode below.
Latest from NAHBNow
The National Association of Home Builders (NAHB) officially opened online registration and housing today for the 2027 NAHB International Builders’ Show® (IBS), the largest annual light construction trade show in the world.
Single-family construction remained soft across most geographic areas in the second quarter of 2026, as rising building material costs, elevated interest rates and economic uncertainty continued to weigh on the industry. By contrast, multifamily construction strengthened in most regions, supported by solid rental housing demand, according to the latest findings from the NAHB Home Building Geography Index (HBGI).
Latest Economic News
Household debt delinquency rates showed signs of stabilization in the second quarter of 2026 as overall share of delinquency balances edged lower and the transition to seriously delinquent debt declined for the second consecutive quarter.
Single-family construction lending fell slightly in the second quarter, according to data released by the Federal Deposit Insurance Corporation.
The percentage of new apartment units that were absorbed within three months after completion was down five percentage points in the first quarter, according to the Census Bureau’s latest release of the Survey of Market Absorption of New Multifamily Units (SOMA).