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Advocacy Widespread U.S. Housing Ballot Wins; Two Key NAHB-Backed Defeats

Although housing ballot measures fared well nationwide in the midterm elections, two NAHB-backed initiatives were defeated: one to streamline environmental reviews in California and another to address minimum lot sizes for single-family homes in Massachusetts.

Economics | Member Benefits | Housing Affordability New Priced-Out Calculator Brings Local Housing Affordability Into Focus

What does a change in mortgage rates or home prices mean for prospective home buyers in your market? NAHB’s new Priced-Out Housing Calculator helps answer that question.

Economics Consumer Credit Growth Picks Up in the Third Quarter of 2026

Consumer credit growth accelerated in the third quarter of 2026, with both revolving and nonrevolving credit increasing at their fastest quarterly rates since 2022. Total outstanding consumer credit reached $5.22 trillion, continuing an upward trend that has strengthened over the past year.

Economics Inflation Persists in October

Inflation remained elevated in October even as energy prices eased, raising expectations of another Fed rate hike. Shelter returned as the largest driver of headline inflation, accounting for over 30% of the monthly increase. Core inflation, which excludes volatile food and energy components, rose by 0.3% for the third consecutive month, suggesting broad-based price pressures across the economy.

Economics Residential Building Worker Wage Growth Rebounds, but Real Wages Continue to Decline

Wage growth for residential building workers showed signs of a modest rebound in September 2026 following a sharp slowdown earlier in the year. According to the latest data from the U.S. Bureau of Labor Statistics, nominal wage growth picked up from its June pace, although it remained relatively modest.