Podcast: NAHB Puts a Spotlight on Housing in the Media and on the Hill
On the latest episode of the NAHB podcast, Housing Developments, hosts CEO Jim Tobin and COO Paul Lopez are on the road as they discuss housing and economics with key press outlets in New York City. Media are eager to hear what NAHB members are seeing in the housing market. Topics of note include the latest release of the NAHB/Wells Fargo Housing Market Index (HMI), as well as the challenges in the housing market, such as high mortgage rates, housing affordability and shortage of skilled workers.
NAHB is getting the message out to legislators as well, as first Vice Chairman Carl Harris and Second Vice Chair Buddy Hughes headed to Capitol Hill this week to urge congressional leaders to address the challenges facing home builders.
NAHB continues to gear up for the International Builders’ Show, taking place Feb. 27-29 in Las Vegas — less than two weeks away.
Listen to the latest episode below and subscribe to Housing Developments through your favorite podcast provider.
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Latest Economic News
Private residential construction spending decreased in September 2026 driven by a steep decline in improvement (remodeling) spending. According to the latest construction spending data from the U.S. Census Bureau, private residential construction spending came in at a seasonally adjusted annual rate (SAAR) of $848.8 billion in September, down 5.5% from the revised August estimates and lower by 8.9% from last year.
Interior finishes (drywall, interior doors, painting, cabinets, countertops, plumbing fixtures, flooring, etc.) take more time to complete—6.4 weeks, on average—than any other major stage of single-family construction, according to results from the latest NAHB/Well Fargo Housing Market Index (HMI) survey.
Private fixed investment in student dormitories rose 2.6% in the third quarter of 2026, reaching a seasonally adjusted annual rate (SAAR) of $3.8 billion. This gain marked a second consecutive quarterly increase, despite continued pressures from elevated interest rates. On a year-over-year basis, investments in dorms increased 1.1%.