Construction sector jobs increased again in July, according to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey. However, the National Association of Home Builders (NAHB) analysis is skeptical that a majority of the work is in residential construction. The positive is that construction jobs are up more than the previous month, at 326,000 in July compared to the June increase of 298,000. Notably, July’s postings are stronger than last’s year’s numbers of 305,000 jobs. Hiring in July increased from 3.8% to 4.4% and layoffs plateaued at 1.9%, while the…
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Construction declines for SFBTR
According to recent analysis from the National Association of Home Builders (NAHB) of the Census Bureau’s Quarterly Starts and Completions by Purpose and Design, construction of single-family build-to-rent (SFBTR) homes declined throughout 2026. Compared to single-family housing construction, SFBTR faces stronger headwinds from the cost of financing, increased multifamily supply and regulatory action. Q2 2026 (15,000) posted an estimated 3,000 fewer starts than Q2 2025 (18,000). NAHB’s analysis pointed out that over the past four quarters, SFBTR construction starts fell by about 16%. “While the market share of SFBFR homes is small,…
Read MoreBuilding material prices see growth in July
According to the National Association of Home Builders’ (NAHB) Producer Price Index, residential building material prices rose 0.4% in July 2026 and were up 5.0% from last year. The price index for inputs to new residential construction fell 0.1% in July, but was up 6.5% from the year before. The price of goods used in new residential construction, including energy, was up 0.1% over the month and up 6.7% from last year, while the price of services was down 0.3% over the month and up 6.2% from last year. Among…
Read MoreExisting home sales 0.7% higher than last year
According to the National Association of Realtors, on a year-over-year basis, existing home sales were 0.7% higher than last year. However, total existing home sales, including single-family homes, townhomes, condominiums and co-ops, fell 1.7% to a seasonally adjusted annual rate of 4.06 million in July 2026. The July median sales price of all existing homes was $434,100, up 2.0% from last year. This marks the 37th consecutive month of year-over-year increases. Existing home sales in July were mixed across the four major regions: Sales fell in the South and Midwest,…
Read MoreCalifornia, Texas and Florida drive remodeling activity
According to first-quarter results from the National Association of Home Builders (NAHB) State Projections of Remodeling (SPR), three states account for the largest shares of remodeling activity across the nation: California, Texas and Florida. In the first quarter of 2026, California led remodeling activity, accounting for 8% of the market at $22.2 billion. Texas followed close behind at $20.2 billion, or 7.3%, followed by Florida at $15.4 billion, or 5.5%. For market growth, the SPR identified five states as having the largest increases in remodeling spending in the first quarter:…
Read More21st Century ROAD to Housing Act reaches executive branch
After the 21st Century ROAD to Housing Act was overwhelmingly approved by the House of Representatives on June 23, 2026, the bill reached the executive branch’s desk. The National Association of Home Builders (NAHB) applauded the passage and now urges the legislation to be signed. This once-in-a-generation housing package includes more than 50 sections addressing housing supply, financing, disaster recovery and other priorities. NAHB provided input to Congress on many parts of the bill, but five provisions are especially important to members: land-use and zoning, aging housing stock, multifamily financing,…
Read MoreResidential building material prices increase
Wholesale prices of materials used in residential construction increased in May 2026, a direct result of rising energy costs. Residential building material prices rose at their highest yearly rate since January 2023, as prices were up 4.4% from 2025 and up 0.7% over May. The price index for inputs to new residential construction rose 1.3% in May and was up 6.9% from last year. The price of goods used in new residential construction, including energy, was up 2.1% over the month and up 8.3% from last year, while the price…
Read MoreHousing advocates urge Congress to address affordability
On June 10, 2026, more than 1,100 builders, remodelers and other housing industry professionals went to Capitol Hill to call for congressional action. Attendees urged Congress to improve affordability and help builders to increase the production of affordable, attainable homes. In more than 300 meetings with lawmakers, housing advocates focused on the following priorities aimed at improving affordability and increasing supply: landmark housing legislation, workforce development and immigration and permitting obstacles. “Members of the housing community from across the country are in Washington for the National Association of Home Builders…
Read More5 steps for a sustainable remodel
The National Association of Home Builders (NAHB) highlighted five steps remodelers and designers can take to make their projects more sustainable. As sustainability becomes more of a standard rather than a trend, more clients are looking to give their homes a second life with an eco-friendly makeover. Consider products that use fewer raw materials and achieve the same result as traditional products, while having a lower environmental impact. Such products include lighter, thinner brick, engineered wood or engineered steel products and prefabricated roof or floor trusses. Also, installing an efficient…
Read MoreNAHB urges Congress to advance housing supply reforms
On May 21, 2026, the National Association of Home Builders (NAHB) Chairman Bill Owens, a home builder and remodeler from Worthington, Ohio, testified before the House Small Business Committee on how small builders can help close the nation’s housing gap. “NAHB estimates the country is facing a structural shortage of about 1.2 million homes,” said Owens. “Small builders are doing all they can to increase housing supply, but they cannot overcome the shortage as long as rising costs and system delays continue to hold back progress.” In his testimony, he…
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