Podcast: Builder Sentiment Improves as Congress Looks to Approve Budget
On the latest episode of NAHB’s podcast, Housing Developments, sponsored by LG Pro Builder, CEO Jim Tobin and COO Paul Lopez break down the latest housing numbers, provide insights on the 2024 election, and highlight key congressional funding areas NAHB continues to actively advocate to secure during the ongoing budgeting process.
Watch the latest episode below and subscribe to Housing Developments through your favorite podcast provider.
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To best meet the needs of NAHB members, NAHB Connect launched three new communities to jumpstart dialogue around the biggest, ever-changing industry topics.
Residential building material prices, excluding energy, rose 0.4% in July and were up 5% from a year ago. The year-over-year percentage increase in building materials was the highest since December 2022.
Latest Economic News
With overall single-family construction down almost 7% for the first seven months of 2026, custom home building has been a relative bright spot for the residential construction industry.
Housing starts fell in July as economic uncertainty, rising construction costs, labor shortages and elevated financing expenses continued to challenge builders.
New home sales rose in the second quarter but were lower than a year ago, according to the U.S. Census Bureau New Residential Sales release.