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.
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Economics
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Property Taxes on Homes Tick Up in 2024 Led by New JerseyThe average annual residential property tax bill for the 87 million owner-occupied homes in the U.S. was $4,271 in 2024, up about 4% from 2023, according to NAHB Economics team analysis of the 2024 American Community Survey.
Workforce Development
Nov 28, 2025
How You Can Support Workforce Development on Giving TuesdayTo help give students the tools they need to build their career in the construction industry, Home Builders Institute (HBI) is participating in Giving Tuesday on Dec. 2.
Latest Economic News
Economics
Dec 01, 2025
About 7% of New Homes Are TeardownsIn 2024, 6.9% of new single-family detached homes were teardowns (structures torn down and rebuilt in older neighborhoods), and another 20.1% were built on infill lots in older neighborhoods, according to the latest Builder Practices Survey (BPS) conducted by Home Innovation Research Labs.
Economics
Nov 26, 2025
Property Taxes by State – 2024Nationally, across the 87 million owner-occupied homes in the U.S., the average amount of annual real estate taxes paid in 2024 was $4,271, according to NAHB analysis of the 2024 American Community Survey.
Economics
Nov 25, 2025
Share of New Homes with Decks Edges LowerThe share of new homes with decks edged down from 17.6% in 2023 to a new all-time low of 17.4% in 2024, according to NAHB tabulation of data from the HUD/Census Bureau Survey of Construction (SOC).