Podcast: Builder Sentiment Improves as Congress Looks to Approve Budget

Economics | Material Costs Smaller Builders Report Higher Material Costs

Building material costs increased by 6.7% over the past 12 months, according to results from the survey for the July 2026 NAHB/Wells Fargo Housing Market Index (HMI).

Membership NAHB Mourns the Passing of Past President Shirley McVay Wiseman

Shirley McVay Wiseman, 1989 NAHB president, passed away on Sunday, Aug. 23. A pioneer in the home building industry, Wiseman was the first woman elected president of NAHB.

Economics PCE Inflation Remains Sticky

The latest report shows the Federal Reserve’s preferred inflation gauge remains sticky in July, complicating the Fed’s path to its long-term 2% target. Meanwhile, consumer spending remains resilient but is showing signs of slowing, with real consumer spending unchanged in July. Households are pulling back on spending amid persistent inflation.

Economics Multifamily Missing Middle Falls Back

Multifamily missing middle construction declined during the second quarter of 2026.

Economics Economic Uncertainty, Affordability Challenges Weigh on New Home Sales

Elevated borrowing costs, rising inflation and broad economic uncertainty continue to curb buyer demand and hold back new home sales.