Help Save a Critical Jobs Training Program
The severe labor shortage in the construction industry is raising construction costs and harming housing affordability. NAHB’s workforce training affiliate, the Home Builders Institute, is building the next generation of skilled tradespeople and is the largest Job Corps national trades training contractor.
A House appropriations subcommittee has eliminated funding for the Job Corps program, the nation’s largest residential career training and education program. In response, NAHB is urging all residential construction industry members and supporters to contact their members of Congress and tell them to fully fund the Job Corp program. Visit builderlink.org/take-action to send a letter.
The redesigned BuilderLink portal allows members and supporters to send a letter to their congressional representative easily. The portal will be pre-populated with your information if you are signed in to nahb.org. To change the information on file to your current home address before sending a letter, visit the “My Information” page in the BuilderLink portal.
As part of the BuilderLink portal redesign, users can now access information on NAHB’s top advocacy issues. In addition, users can connect with BUILD-PAC, NAHB’s bipartisan political arm, which helps elect pro-housing, pro-business candidates to federal office.
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Economics | Housing Affordability
Mar 05, 2026
Affordability Posts Mild Gains in Second Half of 2025 but Crisis ContinuesThough new and existing homes remain largely unaffordable, the needle moved slightly in the right direction in the second half of 2025, according to the latest data from the NAHB/Wells Fargo Cost of Housing Index (CHI). The CHI results from the fourth quarter of 2025 show that a family earning the nation’s median income of $104,200 needed 34% of its income to cover the mortgage payment on a median-priced new home. Low-income families, defined as those earning only 50% of median income, would have to spend 67% of their earnings to pay for the same new home.
Economics | Remodeling
Mar 04, 2026
Top Markets for Remodeling in 2024Residential improvement activity remained solid in 2024, supported by an aging housing stock, elevated homeowner equity, and a growing need for aging-in-place improvements. Based on NAHB analysis of data from home improvement loan applications, see which markets saw the most remodeling activity.
Latest Economic News
Economics
Mar 03, 2026
Multifamily Absorption Rate Remains Below 50%The percentage of new apartment units that were absorbed within three months after completion was unchanged for new units completed in the second quarter, according to the Census Bureau’s latest release of the Survey of Market Absorption of New Multifamily Units (SOMA).
Economics
Mar 02, 2026
Private Residential Construction Spending Edges Higher in DecemberPrivate residential construction spending was up 1.5% for the last month of 2025. This modest gain was driven primarily by increased spending on home improvements and single-family construction. Despite this increase, total spending remained 1.3% lower than a year ago, reflecting the continued impact of housing affordability challenges facing the sector.
Economics
Mar 02, 2026
2024 Home Improvement Loan Applications: A State- and County-Level AnalysisResidential improvement activity remained solid in 2024, though growth has moderated from the surge seen in 2022.