Podcast: House Passes Important Tax Bill and More from Capitol Hill
On the latest episode of NAHB’s Housing Developments podcast, sponsored by LG Pro Builder, CEO Jim Tobin and COO Paul Lopez discuss the latest developments on Capitol Hill, including House passage of the American Families and Workers Act of 2024. The nearly $80 billion tax package would expand the federal child tax credit and enact a number of other business-related provisions, including strengthening the Low-Income Housing Tax Credit (LIHTC).
Watch the latest episode below, and subscribe to Housing Developments through your favorite podcast provider.
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Sales of newly built single-family homes decreased 0.6% in September to a seasonally adjusted annual rate of 676,000, following a downwardly revised August estimate, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The pace of new home sales was 5.3% lower than a year earlier.
NAHB analysis takes a deeper look into the median ages of construction workers by state and by trade.
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Nationwide, the share of non-conventional financing for new home sales accounted for 32.4% of the market, according to NAHB analysis of the 2025 Census Bureau Survey of Construction (SOC) data.
When asked if remodelers started a project involving an Accessory Dwelling Unit (ADU) over the past twelve months, 24% indicated that they were building an addition for use as an ADU and 23% indicated that they were converting an existing space to an ADU, according to NAHB’s Remodeling Market Index (RMI).
Nearly three-quarters of new single-family homes started in 2025 were built on slab foundations, according to NAHB analysis of the U.S. Census Bureau’s Survey of Construction (SOC).