A new analysis from the National Association of Home Builders analyzed the jobs-to-permits ratio. The analysis used net new jobs created in 2024 and measured against housing permits issued in 2023 to gauge the typical time required for permitted units to move through the construction pipeline and reach the market. Using this framework, the analysis revealed that the U.S. economy added approximately 1.8 million net new jobs in 2024 relative to 2023, while total housing permits issued in 2023 reached 1.51 million units. This results in an overall jobs-to-permits ratio…
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NAHB 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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